Blockchain Technology | Why is Blockchain Unhackable❓ How Blockchain Can Be Hacked 🧐
“Hacking” A Blockchain Is Almost Impossible — But What Makes Decentralized Ledgers So Inherently “Unhackable”?
A Common Mistake That New Cryptocurrency Investors Make Is To Confuse The Hacking Of A Blockchain With That Of A Digital Exchange. Whereas Unfortunately Centralized Digital Exchanges Get Hacked More Than They Should, Decentralized Blockchain Hacks Are Very Rare, As They Are Hard To Achieve And Provide Little Incentive To Carry Out.
Keep watching to Learn More about Unhackable Blockchain
💡 TOPICS IN THIS VIDEO 💡
blockchain unhackable, why is blockchain unhackable, how blockchain can be hacked
🔎 HASHTAGS 🔎
#Blockchain #Hackblockchain #Blockchainhack #cryptotrading
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
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⏰Timestamps⏰
00:00 Intro
00:15 Why Nobody Can Hack a Blockchain
00:32 Decentralized And Open-source Protocols.
01:15 Hashing algorithm
02:18 51% Attacks Are Improbable