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	<title>Tutorials:How Secure is Bitcoin - Revision history</title>
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	<updated>2026-04-29T16:43:21Z</updated>
	<subtitle>Revision history for this page on the wiki</subtitle>
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		<id>https://wiki.seasonaltokens.org/index.php?title=Tutorials:How_Secure_is_Bitcoin&amp;diff=4980&amp;oldid=prev</id>
		<title>Move page script: Move page script moved page Tutorials:7988 to Tutorials:How Secure is Bitcoin</title>
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		<updated>2025-11-04T00:41:37Z</updated>

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				&lt;td colspan=&quot;1&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;Revision as of 02:41, 4 November 2025&lt;/td&gt;
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		<id>https://wiki.seasonaltokens.org/index.php?title=Tutorials:How_Secure_is_Bitcoin&amp;diff=1436&amp;oldid=prev</id>
		<title>BeginnersGuide&gt;Marin: /* Task */</title>
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		<updated>2025-02-12T01:08:08Z</updated>

		<summary type="html">&lt;p&gt;&lt;span dir=&quot;auto&quot;&gt;&lt;span class=&quot;autocomment&quot;&gt;Task&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;= Quest: How Secure is Bitcoin? =&lt;br /&gt;
&lt;br /&gt;
We have explored how the network hashrate creates a significant barrier for attackers attempting to alter the blockchain.  &lt;br /&gt;
&lt;br /&gt;
Now, let&amp;#039;s approach the question of Bitcoin&amp;#039;s security from a practical perspective:  &lt;br /&gt;
&lt;br /&gt;
* Many wallets hold large amounts of Bitcoin, and their public addresses are widely known.  &lt;br /&gt;
* Some contain thousands of Bitcoins, yet nobody has ever been able to take the funds.  &lt;br /&gt;
&lt;br /&gt;
== Example: A Famous Wallet ==&lt;br /&gt;
Visit this well-known wallet:  &lt;br /&gt;
&lt;br /&gt;
[https://bitinfocharts.com/bitcoin/address/1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF MtGox Hack Wallet]  &lt;br /&gt;
&lt;br /&gt;
* This wallet is linked to a major fraud involving a company called MtGox in 2011.  &lt;br /&gt;
* It holds approximately &amp;#039;&amp;#039;&amp;#039;80,000 BTC&amp;#039;&amp;#039;&amp;#039; and has remained untouched since 2011.  &lt;br /&gt;
  * Despite its contents being worth billions of dollars, nobody has ever succeeded in hacking this wallet.&lt;br /&gt;
&lt;br /&gt;
== &amp;#039;&amp;#039;&amp;#039;Analogy: A Perfect Lock&amp;#039;&amp;#039;&amp;#039; ==&lt;br /&gt;
Imagine a treasure chest with a transparent lid—everyone can see the gold inside, but the chest is protected by an unbreakable combination lock.  &lt;br /&gt;
* Even with billions of dollars in plain sight, no one can crack the lock because the combination is mathematically impossible to guess.&lt;br /&gt;
&lt;br /&gt;
This is the essence of Bitcoin&amp;#039;s security:  &lt;br /&gt;
* Even if a public address is known to all, the private key—needed to access the funds—remains secure.  &lt;br /&gt;
* The bounty of &amp;#039;&amp;#039;&amp;#039;7 billion dollars&amp;#039;&amp;#039;&amp;#039; in this case is an enormous incentive, yet the security of cryptography prevails.&lt;br /&gt;
&lt;br /&gt;
==Task==&lt;br /&gt;
&lt;br /&gt;
Use [https://www.blockchain.com/explorer/ Block Chain Explorer] to see the Bitcoin address:&lt;br /&gt;
&lt;br /&gt;
1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF&lt;br /&gt;
&lt;br /&gt;
# Paste the BTC address above in the search field. (Serach by Address, Txn Hash, Block, Token, Domain Name)&lt;br /&gt;
# Again, notice that this address is duplicated in the Bitcoin Cash Blockchain.&lt;br /&gt;
# To complete the task: What is the word hidden by the rectangle in this picture:&lt;br /&gt;
&lt;br /&gt;
[[File:Mtgoxwallet.jpg |700px]]&lt;/div&gt;</summary>
		<author><name>BeginnersGuide&gt;Marin</name></author>
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