Post
Topic
Board Bitcoin Discussion
Re: Do you believe BTC can be attacked?
by
QuickAccount
on 21/10/2021, 16:43:37 UTC
I just remembered the poly network heist, one of the biggest heist in the history.

Is there also a possibility BTC can be hacked?
If it is, I bet every currency will start to declined.
How safety BTC security for you?

Want to know veterans answers.  Undecided


I believe that it is possible for an attack to happen, but extremely unlikely. Mempool floods are an attack that can be pulled off within the foreseeable future as said in a post before mine. a 51% attack is close to impossible on bitcoin, the hashrate needed to pull off an attack such as a 51% is tremendous, they're arent enough ASICs in production to be able to buy enough to do a 51% attack. Supercomputers are out of the picture as well, they are not very good at mining BTC. An attack is possible, but so unlikely, that I dont worry about it.