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Author Topic: Insecure blockchain  (Read 13793 times)

Offline yourbuddy

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Re: Insecure blockchain
« Reply #15 on: November 26, 2018, 09:18:05 AM »
Block chain itself is 100% safe. But centralized exchange owners might be thieves if you are unlucky. So, pay attention to more advanced DEXs

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Re: Insecure blockchain
« Reply #15 on: November 26, 2018, 09:18:05 AM »

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Offline SilentLoudMouth

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Re: Insecure blockchain
« Reply #16 on: November 26, 2018, 09:50:20 AM »
Nothing is safe in crypto world.
So consider yourself lucky to use all semi-secure services.

Offline Face2Face

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Re: Insecure blockchain
« Reply #17 on: November 26, 2018, 12:22:38 PM »
Don't think so. Blockchain is one of the safest technology right now. Maybe your "information" is just a result of someone's black advertisement?

Offline AltLogan

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Re: Insecure blockchain
« Reply #18 on: November 27, 2018, 01:47:09 PM »
Even a blockchain will not help you to protect your data or money if any hacker will want to hack you, each defense has its own security holes and an experienced hacker can always find them.

Well, then I don't know how to make a deal with crypto at all.
I really worry about security.

Offline Lucky Stone

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Re: Insecure blockchain
« Reply #19 on: November 27, 2018, 01:59:46 PM »
If Blockchain is really safe, I don't think so. Because this technology still has many shortcomings that must be corrected. But I like this digital currency technology because it has given me a profit.

Offline HomelandPatriot

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Re: Insecure blockchain
« Reply #20 on: November 28, 2018, 09:35:03 AM »
If Blockchain is really safe, I don't think so. Because this technology still has many shortcomings that must be corrected. But I like this digital currency technology because it has given me a profit.
Blockchain is only vulnerable for 51% attack, it's almost impossible to do

Offline yitzjoe

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Re: Insecure blockchain
« Reply #21 on: November 28, 2018, 10:37:16 AM »
I also study network security and this is useful until I know crypto, where blockchain is specifically designed for anti-hacking because they need proof of each block to be said to be valid. but hacking on the exchange, especially centralization is utilizing the API key loopholes so that hackers are able to access user funds on the exchange server, so also in DEX with DNS techniques they are reportedly also able to provide losses to users, so my conclusion is that there is no 100% safe on computer networks
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Re: Insecure blockchain
« Reply #21 on: November 28, 2018, 10:37:16 AM »


Offline hoodie

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Re: Insecure blockchain
« Reply #22 on: November 29, 2018, 12:39:25 PM »
Bitcoin uses SHA-2 instead of SHA-1, which has never been broken in practice (you should know whta i mean,  if you study). Blockchains themselves are not the problem, it’s the applications that runs on them. Much of that is just regular software when it clearly shouldn’t be treated as such.
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Offline chaves05

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Re: Insecure blockchain
« Reply #23 on: November 29, 2018, 12:46:44 PM »
not completely safe. many hacking cases this year. You must be careful every time you visit an unknown site. I found someone who was hacked.

Offline inewoods

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Re: Insecure blockchain
« Reply #24 on: November 29, 2018, 03:10:05 PM »
I’am on the beginning of learning cyber security.
I have basic knowledge of blockchain. As I understand, it is impossible to hack and steal info as it has advanced keys. But recently I have looked through some forums and found some threads about hacked DEXs and assets leaking.
Do you think blockchain is 100% safe?
Please share your knowledge.

Nothing in this world will be 100% safe even bitcoin which is a technology related. Maybe it can be 99% which is a good figure to being safe but as time goes on technology stuffs need to keep upgrading itself if not the hackers will always find ways to bypass this loophole to hack or steal.
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Offline AltLogan

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Re: Insecure blockchain
« Reply #25 on: December 03, 2018, 02:28:49 PM »
I’am on the beginning of learning cyber security.
I have basic knowledge of blockchain. As I understand, it is impossible to hack and steal info as it has advanced keys. But recently I have looked through some forums and found some threads about hacked DEXs and assets leaking.
Do you think blockchain is 100% safe?
Please share your knowledge.
Blockchain is safe if it's popular among people. Almost impossible to do 51% attack to change information in blockchain if this blockchain popular and installed on lots of computers.


Well, other possible 49% scares me.

Offline Marryan

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Re: Insecure blockchain
« Reply #26 on: December 12, 2018, 04:46:55 PM »
If Blockchain is really safe, I don't think so. Because this technology still has many shortcomings that must be corrected. But I like this digital currency technology because it has given me a profit.
Blockchain is only vulnerable for 51% attack, it's almost impossible to do

It's quite a lot though.. When blockchain appeared many consider it to be like totally secured, but it is not.
It's just another structure and it doesn't mean it can't be hacked. But on the whole it's more secured than many other things.

Offline paolobaltimori

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Re: Insecure blockchain
« Reply #27 on: December 12, 2018, 06:01:55 PM »
Blockchain technology is safe and almost unhackable BUT hackers are smart and will use every strategy to steal data, for example hacking DNS of a DEX exchanges like what happened to etherdelta 1 year ago.
                 
                 
                 
                 
                 
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Offline SilentLoudMouth

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Re: Insecure blockchain
« Reply #28 on: December 16, 2018, 12:25:41 AM »
'Two Iranians who reportedly helped exchange Bitcoin ransom payments into Iranian rial on behalf of Iranian malicious cyber actors were caught as their Bitcoin addresses were identified by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC). This serves as an important reminder that Bitcoin is not anonymous, but pseudonymous, and that this can be used to track transactions.'

According to the latest news it seems that Bitcoin sender and receiver can be tracked.
So it's hackable and not anonymous.

Offline AltLogan

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Re: Insecure blockchain
« Reply #29 on: December 17, 2018, 12:58:58 PM »
Block chain itself is 100% safe. But centralized exchange owners might be thieves if you are unlucky. So, pay attention to more advanced DEXs

You consider DEXs is like the most trustworthy?
why? because it's more popular?

 

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