Is the Bitcoin network really secure?

in hive-150122 •  2 years ago  (edited)

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Is the Bitcoin network really secure?

Indeed, Bitcoin bases its security on cryptography, that is, a technique that is used for the encryption of information using mathematics and for its accuracy in digital calculators.
This allows them to hide unmanageable information that is in full view of the public, but that cannot be understood or interpreted unless you have direct access and have the key that decrypts it only in this way.
In Bitcoin with every broad transaction you get a fully secure and supervised level of military-grade cryptography, as its algorithm in encryption programming called SHA-256 is a unique encoder for that algorithm.

Since its creation and conception, Bitcoin has been able to solve some of the main problems that they experienced in the initial projects of cryptocurrencies that they could not even solve.
And it has achieved it without the need to use a central entity based on its highly trained creators.
In this way, the same amount of money is prevented from being sent two or more times to different addresses to avoid fraud with hacker experts who are always looking for a way to infiltrate.

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Bitcoin was the solution conceived by the creator Satoshi Nakamoto. This person combined several security features, which allowed Bitcoin to be what it is today, secure and unhackable.
One of these is the chain of blocks or blockchain, it is an accounting book for the public that records each step one by one of the transactions that are carried out on the Bicoins platform in the networks.

These network nodes are the other part of Bitcoin where a copy of all existing block chains are kept.
These are constantly being updated every time a new block is attached, the approximate time is every 10 minutes.
If a node goes down or is turned off, it immediately stops working, so the network is not affected even if the attackers find out they will not be able to access the sources.

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Thanks for reading.....

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Your post is too short, you can add detailed explanations and include reference sources because it will be a more actual and factual reading source.

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Your post is too short, you can add detailed explanations and include reference sources because it will be a more actual and factual reading source.

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Hola con su debido respeto la publicación tiene(328) letras sin incluir el saludo inicial , ni el saludo de culminación. según las reglas el mínimo de palabras esta comprendido de 250 a 300 como mínimo , y mi publicación cumple con el mínimo requerido.
INGLES
Hello, with all due respect, the publication has (328) letters, not including the initial greeting, nor the final greeting. According to the rules, the minimum number of words is between 250 and 300 minimum, and my post meets the minimum required.

We appreciate your initiative, but Only all active community founder, admins, moderators, developers, CR, SR, investors of this platform can post here.

I publish with permission @rme DaDa founders through their @hungry-griffin account, I have supported the community constantly since it started in this community in the first 2 months and I have been promoting steemit through all social networks to attract entrepreneurs and manage to invest large capitals of money, and with more force by twister.

excelente publicación @oscardavid79 te felicito si así tienes talento ..

Excelente publicación @oscardavid79 te felicito si así tienes talento ..

Muchísimas gracias por tan hermosas palabras