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  • Writer's picturemadhukeshwar bhat

CyberTalk: Can Blockchain be hacked?

In today’s discussion let’s explore blockchain. The key question is - can blockchain be hacked? While blockchain boasts to be highly resilient, we can’t conclude that it can’t be hacked. The decentralized nature of blockchain ensures that there is no single point of failure, but there are vulnerabilities and attack vectors that need to be considered:

·         51% attack

·         Vulnerabilities within smart contracts

·         End-user errors

·         Sybil Attacks

·         Bugs in software

·         Supply Chain Attacks

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