Get the scoop on finance - sign up for mobile alerts
Bitcoin
| On
July 20, 2019

The Bitcoin Security Threats No One Is Talking About

By Daily Hodl Staff

[the_ad id=”36860″]

Tyler Swope, the host of the YouTube channel Chico Crypto, just released a look at Bitcoin’s security and some ongoing efforts to crack the network’s code.

ADVERTISEMENT

“Bitcoin security is rarely questioned, but should we be questioning the future of Bitcoin’s security? There is a distributed effort currently attempting to break Bitcoin’s wallet generating algorithms by brute force, and it has actually cracked a few wallets already.

Also, quantum computing poses a major threat to Bitcoin. Did Satoshi have the technology when he created Bitcoin or is there someone currently building one as we speak?”

You can check out the full episode below.

ADVERTISEMENT

[the_ad id=”36860″]

[the_ad id="42537"] [the_ad id="42536"]
&nbsp
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.