Question: Is Bitcoin secure? Is there a vulnerability to this Cryptocurrency market?
Bitcoin’s Protocol and Cryptography is very secure, and the reason of that is because it is the biggest distributed computing project in the world.
In Bitcoin market:
- No one can manipulate
- On one can reverse transactions
- No one can choose a block or what to fill the blocks with in public ledger
- All record is available publicly
The only thing that can make the Cryptocurrency vulnerable is “loss of Bitcoin wallet”.
Users can lose their wallet or private keys accidentally, and these Bitcoins will be forever lost.
Now if you are going to have Bitcoins, you are recommended to secure your data, and take necessarily measures to prevent from being stolen or lost.