Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: nickcarraway

How can one possibly steal from a blockchain system? I thought that was the whole point of blockchain!


6 posted on 03/29/2022 12:26:51 PM PDT by LittleBillyInfidel (This tagline has been formatted to fit the screen. Some content has been edited.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: LittleBillyInfidel

Block chain has been created stupidly. It is more like a bearer bond than a security currency.


11 posted on 03/29/2022 12:56:48 PM PDT by CodeToad (Arm up! They Have!)
[ Post Reply | Private Reply | To 6 | View Replies ]

To: LittleBillyInfidel

The block chain itself was not hacked. The hacker used stolen keys. Just like the most secure door on earth is useless if you leave a key under the mat.

Unlike banks, stolen blockchain money is there for all to see and trace. Many criminals who thought they were anonymous have been caught years down the line by tracking their spending.


12 posted on 03/29/2022 1:36:15 PM PDT by varyouga
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson