There isn't probably a better answer than ranochigo's, but I would like to show you some numbers to convince you that it is true. First things first, you should be more accurate with the topic's title. I wouldn't say that "hacking" Bitcoin has to do with secp256k1 public key reversal or with brute forcing addresses. Generally, the term "hack" is a bit misleading, but it'd have more sense if you were querying about the 51% attack.
Anyway, numbers' time! I'll present you the unbelievably small chances you have on finding someone else's address by comparing it with mining. A legacy address is a 160-bit message digest, represented in base 58. This means that every time you're generating an address you end up with a number between 1 and 2
160.
Currently, the
mining target is:
0000000000000000000bef930000000000000000000000000000000000000000
Every 10 minutes on average, someone brute forces a message and finds a hash result that is not greater than the above. By doing the
calculation, your chances of finding such hash are 1 in 101,285,384,567,733,327,529,661.
A decoded address looks like this:
082550c974bbb58589d66ac46ab038ffbf692a04
Your chances are 1 in 16
40 (amount of hex charactersits length). Would you like to see the differences?
1461501637330902918203684832716283019655932542976 (total addresses)
101285384567733327529660 (target)
This means, that despite the difficulty adjustment, it'd be easier (and more profitable) for you to mine 14000000000000000000000000 blocks, than trying to brute force an address. And note the procedure of generating an address requires more computational power than performing sha256 twice. (for mining)
That's NOT TRUE.
First you make the mistake to think that people are only looking for one key at a time, with 64GB bloom-filters you can scan 512MB keys all at once in a non-second and determine whether the current random guess is in the pool
Second there are many ways to "HACK" ECDLP using MATH, too many things to mention, I would just say google the lit on the subject "Discrete Log problem ECDLP", the NSA has been been doing this stuff since 1950's, and they have hired 10K math-sci ppl to work on this stuff
Third MINING was profitable during pre-mining stage, and say now when the remaining blocks get smaller, and the difficulty increases it makes more sense to target the block-chain, rather than try to mine; Your all lucky right now because BITCOIN is ASIC and that means the HW can't be reployed to do anything else than hash,
Hashing has nothing to do with hacking bitcoin, hashing is like 1% of the BTC source code. Hashing is just a one-way trap door that takes a random 2^256 number (sha-256 NSA) and randomizes it as a nonce. So, what? Difficulting just means how times you have to hash to have N leading zeros? So what?
...
Hacking BITCOIN is on two levels, one level is generating keys and looking into a super-large bloom filter to see if they're is an active address from that private-key. Right now I'm finding 2500MB/sec matches on RTX-3070 class cards. But note here I'm checking 350M keys per secon on those 2500MB/sec cycles, thus
That be 750,000TH, the current S-9 is what 12TH, that's from one RTX-3070
The problem is this block-reward goes down, the chance of hitting a high value address in time goes up. There are two curves here, and we passed the inflection point years ago.
...
The 51% doesn't have anything to do with hashing, or mining. It just say's that IF more than 51% of the minors aren't colluding, then the system is FAIR, but the system ain't FAIR, cuz CHINA controls 67% of the MINING, and actually more given they make the worlds BITCOIN ASIC HW.
To date China has just cut the power to the miner's in regional area's and you see BTC fee's go astro, I think for right now the CCP knows it owns a golden-goose, so why not ripoff the gwai-lo while you can for as long as you can, but be sure the plug will be pulled.
CHINA CCP goes slow, they just took ANT-BITMAIN from Jack Ma in the last six months, they need to study, and decide who they trust to re-deploy the new use of the HW, or they might just cut the power, and shut it all down. IMHO it would be more logical to seize the infrastructure and re-purpose it, given that Jack Ma, put backdoors into ALL BITMAIN ASIC miners, it only seems logical that he help the CCP take over the worlds digital mining operation. It's either that or he dies.
Is it true that people can get private keys from public keys?
That people can randomly generate privates keys and match the generated addresses to valuable addresses? Is any of this true?
Well the 'woke' run BITCOIN, and if they say its never been hacked, then let that be so.
But between me&you, lets just agree that to date a majority of BTC in all hits history has been stolen. The majority of all coin has been tainted, and is now unclean in the eyes of the USA Dept of Treasury.
Then there is the current problem of mixing, once mixed or 'tumbled' its tainted and the IRS gate-keepers like COINBASE will not accept tainted coin ( addresses ), guess what majority is tainted, so then you have to sell on the black-market and get 50% on the dollar for post.
Then you have the Chinese running 67% of the worlds mining cap, and owning 90% of the worlds ASIC mining hw, and they're generating pristine coin, that has 2X the value that of 'good coin' as defined by IRS(COINBASE) gate-keepers.
So now you have a three level price or value of BTC, it was NOT supposed to be this way, all BTC was supposed to be of equal value. But the 'woke' will deny this.
There's a river in Bitcoinia called the 'denial' and most drink the water from it.
To question Bitcoin is to hate Bitcoin, so say the work. To hate Bitcoin goes against god. Now all know where that leads.
Then they say if you don't worship BTC its because you weren't an early player. They assume that everybody on earth only eats & sleeps in order to ripoff their fellow human beings, lots of people on earth dont' care about money. But you can never explain this to a Woke-Bitcoiner.
So I ask again? Has Bitcoin ever been hacked?
The thing about the 'woke' is they ignore history, all history. They say "History is for the Haters". Go figure
Is it true that people can get private keys from public keys?
Yes and no but the current computing power it will take a billions of year before anyone can achieve that but if quantum computers is create there's chance for that to happen and it will take more year's than expected before that happen.
That people can randomly generate privates keys and match the generated addresses to valuable addresses? Is any of this true?
No
Have you actually done the math?
The 50% odds ( birthday ) problem for running on an RTX-3070 with bloom-filters that have all the addresses of value is about 10,000 days. Now if your running lots of racks, with lots of rtx-3000 class cards your talking rather quick.
The entire narrative of billions of years is if your looking for ONE COIN, but only a fool would look for one coin. The entire purpose of computers, especially these days with cheap memory and GPUS with 5,000 cores, and bloom-filters with 64gb, which lets you verify 2000M keys in a nanosecond as to whether a key is in set of keys of value.
All the code on GITHUB plays the same game, even the ever popular bitcrack, brute-forces one at a time, even the Kangaroo only checks on public-key at a time. This is insane, its almost like the narrative is held, because nobody knows how to code, and everybody is spoon-fed crippled software.
Has BTC been hacked? Hell Yes, is it being cracked? Hell yes, is it being crack or hacked by anybody on this forum? I doubt, because they're believers of the woke paradigm, that's designed for fools to believe.
The problem of course is this means that even BITCOIN core is controlled and maintained by the same fools. What does this say about the future of Bitcoin?
Lastly there is no such thing as a 'quantum computer', right now they have 8-qubit computers that cost $1m USD, in order to have a functional quantum-computer to hack bitcoin, it would have to have 4 billion or more qubits. This will not exist for perhaps another 50 years. So nobody even needs to talk about Quantum-Computers because they don't exist.
But NVIDIA graphics cards are 10X'ing every year in terms of their hacking bitcoin's ECDLP algo, so today's 1,000 days will soon be 100 day, and then 10 days to hack bitcoin addresses
[moderator's note: consecutive posts merged]