The fact that Bitcoin is purely code can easily lead to people thinking that it’s hackable just like any other software out there. This is, in fact, not the case due to Bitcoin’s distributed nature:
Read the explainer by Relai at: https://relai.ch/can-bitcoin-be-hacked/
If you are new to Bitcoin and know that it’s digital money that “lives” on the Internet, you may be wondering, “Can Bitcoin be hacked?”
In this guide, we will answer that question.
Bitcoin and Security: Can the Bitcoin Network be Hacked?
No, Bitcoin is considered hack-proof.
The reason why it’s essentially impossible to hack the Bitcoin network is because of its decentralized nature that prevents the Bitcoin blockchain from having a single point of failure.
0 Comments