Post
Topic
Board Bitcoin Discussion
Re: Anyway to block usage of stolen coins?
by
CryptoBry
on 02/06/2019, 03:41:46 UTC
Let`s us say that a exchange got hacked, Would there be anyway to ban those bitcoins? like blacklist the stolen coins so they cannot be used on the network? I know about going back in time with consensus of the network to a earlier block or forking and using that new chain, but could you just not ban the stolen coins?  I mean make a way to do that?

I know what you mean...and I shared that kind of feeling that I think we are inutile in the face of the hackers and scammers all roaming this industry as they continue to sow discord and evils victimizing many people along the way. There must be a solid way we can effectively deal with these people. Unfortunately, it seems that there is nothing we can do as of now. I think there are suggestions on this problem but until the whole industry can decide which should we be using, these people are scot-free to continue bringing menace. Now, let's hope that the time will come when we can find a way to deal with these people. For now, all we can do is to ask platforms to fortify their defenses. And for us, individually, to be always careful not to be a part of the statistics.