Too Long; Didn't Read
Bitcoin has rattled some powerful cages. It is prophesized to be the “<em>ultimate</em> <em>decentralizer”</em>; the “<em>dethroner”</em> of the centralized banking elite. So it is evident that in order to be placed and hyped into such a historic trajectory, it needs to be governed by laws and rules that offer good security- a security that can withstand government level interventions, network attacks and the black hat. For you to understand how this security is implemented, you need to understand what <strong>hashing</strong> is. This security is the backbone of bitcoin. But, somehow, this doesn’t mean that bitcoin is not Hackable. It is susceptible to social engineering and stupidity-induced attack vectors. No matter how secure your home is, if you leave the gates and the doors wide open, you invite a Robbery.