Topic: Can you hack Ethereum? - page 2. (Read 326 times)
you can't. simple! you need too time to make a bruteforce attack!
People have done the math for this, you can google search the estimated calculations on how long a regular CPU would take to find a private key. I believe it's somewhere around 1,923,2381,281,2314,877,54,2131, years.
Well what are the chances you will get the perfect order of letters string every single character correct? I doubt that's possible or someone would have done it already.
Let's suppose I have a private key and I am making an algorithm that is permanently changing one character from the the private key and introducing it in a wallet. I suppose that there is a chance to get to a private key of a person who is storing ETH there. What is the probability of that?
I think you are just talking about regular bruteforcing, and no, it doesn't really work. The amount of time needed would be beyond your lifetime.
This is the same as trying to hack any other coin, but what can you do in ETH is attack smart contracts such as the DAO. All these smart contracts that hold money are disasters waiting to happen, it just takes a really smart attacker to take the profits. This is why BTC is safer than ETH, it is simplier and these things can't ever happen.
Let's suppose I have a private key and I am making an algorithm that is permanently changing one character from the the private key and introducing it in a wallet. I suppose that there is a chance to get to a private key of a person who is storing ETH there. What is the probability of that?
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