Amateur hour is over.
Let's go over how a public address is derived from a private key:
1. SECP256K1(Private Key) ---> Public Key
2. RIPEMD160(SHA256(Public Key)) ---> Public Address
So these script monkeys are telling us that they found an ancient Chinese secret that can crack two hashing algorithms and an ECDSA all at once?
Unless Satoshi used a weak random number generator for his private key, and these amateur happen to know his public keys, GLHF faggots.
Topic: Chinese team released software to mine Satoshi's coin - page 3. (Read 6377 times)
We all know that Chinese aren't that far behind in terms of technology. In fact, theirs are advancing at a fast rate. Even though they hold the sufficient technology to crack or generate the same private keys to Satoshi's addresses, it still is a resource-consuming and time-consuming effort to recover those coins. SHA-256 is secure enough to be cracked by our technology for the next couple of centuries, and I doubt that even with the world's most advanced computers today, the algorithm would be cracked within a short span of time.
"Far behind"? !!!
LOL!
They are way ahead of everyone.
The truth is, you should consider yourselves lucky to say that YOU are not far behind the Chinese in technology.
i remember that japan were the one that were so far ahead in general technology, chinese are just good at doing thing fast and discover new things maybe, because they are many, still this news remain a pure trolling
Should read, Chinese team is trying to steal and kill satoshi's bitcoin. There should be a price put on their heads to be honest. If they manage to get one private key I for one will dump my coins and not look back wtf are they doing.
Either Bitcoin has a preexisting flaw or it doesn't. If it does indeed have a flaw and its algorithm can be cracked then it was bound happen eventually. It's better for them to find out now and patch it up rather than 20 years from now when Bitcoin has a 500 billion dollar market cap and the consequences of such a flaw being discovered would be much worse.
Erm, sorry to break it to you but....
If there is a flaw and it get's exploited by the Chinese or whoever to steal Satoshis coins, then there is no Bitcoin anymore.
At least that is what I think.
i'll not be so sure about this, if some serious flaw will eventually come out now the price will be dumped only to a certain point, then a new ascension will start
it will happen the same thing that happened with the txid malleability flaw
Translation from Chinese:
Hmmm...
Quote
"Hey I just discover that I can fly. So far I have flown around my house twice! I didn't take any pictures or anything because I did not want to destroy the integrity of walking. But I did want to tell everyone."
Hmmm...
A Chinese team just released a software, targeting to find the private key of addresses that are believed to be held by Satoshi himself.
Source: http://8btc.com/thread-18085-1-1.html
Previous discussion here
Most ppl think it's a virus, or it's impossible, pure waste of energy.
Source: http://8btc.com/thread-18085-1-1.html
Previous discussion here
Most ppl think it's a virus, or it's impossible, pure waste of energy.
LMAO, interesting, I just wonder how many times they should run for satoshi's private key?
SHA256 seems secure enough, I think they won't hack satoshi's keys in 1000 years.
And it's immoral to hack others' btc addresses private keys, if they can hack those keys, no one's bitcoin address is secure, theoretically, they are just dreaming and doing evil things.
SHA 256 is indeed safe, no one is cracking it literally ever.
According to the guy that released the software, he claimed that they had cracked two addresses but refuse to specify, saying it would destroy the integrity of bitcoin.
They also said they had found 38,187 addresses that belong to Satoshi, or 50*38187=1,909,350 btc.
They also said they had found 38,187 addresses that belong to Satoshi, or 50*38187=1,909,350 btc.
So this is a non-sequitur. They don't want to reveal the two addresses they have cracked, in order not to destroy the integrity of Bitcoin, but they want to hack Satoshi's addresses to destroy the integrity of Bitcoin.
@Raize,
"So your saying there's a chance!" That cracked me up.
But yes. Writing a program to do this is not hard, but waiting 100,000 years for it to run is. Heck, here is an analog method:
Is the key - 17b3gYEbtcxf6p6TTTWSCQ6KeY2c7h0001
Ok, is it - 17b3gYEbtcxf6p6TTTWSCQ6KeY2c7h0002
how bout - 17b3gYEbtcxf6p6TTTWSCQ6KeY2c7h0003
Then is it - 17b3gYEbtcxf6p6TTTWSCQ6KeY2c7h0004
maybe - 17....
"So your saying there's a chance!" That cracked me up.
But yes. Writing a program to do this is not hard, but waiting 100,000 years for it to run is. Heck, here is an analog method:
Is the key - 17b3gYEbtcxf6p6TTTWSCQ6KeY2c7h0001
Ok, is it - 17b3gYEbtcxf6p6TTTWSCQ6KeY2c7h0002
how bout - 17b3gYEbtcxf6p6TTTWSCQ6KeY2c7h0003
Then is it - 17b3gYEbtcxf6p6TTTWSCQ6KeY2c7h0004
maybe - 17....
There were some estimations that indicated there are 45 orders of magnitude of a better chance the Earth gets hit by an asteroid/meteorite causing a mass extinction event in your lifetime than there are for there to be an address collision.
If you are worried about a team of people all attempting to hack the same private key one day being capable of doing so without a quantum computer, you've got your priorities mistaken, IMHO.
Also there's this image, from back when people jokingly talked about hacking the 1Dky address:
If you are worried about a team of people all attempting to hack the same private key one day being capable of doing so without a quantum computer, you've got your priorities mistaken, IMHO.
Also there's this image, from back when people jokingly talked about hacking the 1Dky address:
Should read, Chinese team is trying to steal and kill satoshi's bitcoin. There should be a price put on their heads to be honest. If they manage to get one private key I for one will dump my coins and not look back wtf are they doing.
Either Bitcoin has a preexisting flaw or it doesn't. If it does indeed have a flaw and its algorithm can be cracked then it was bound happen eventually. It's better for them to find out now and patch it up rather than 20 years from now when Bitcoin has a 500 billion dollar market cap and the consequences of such a flaw being discovered would be much worse.
Erm, sorry to break it to you but....
If there is a flaw and it get's exploited by the Chinese or whoever to steal Satoshis coins, then there is no Bitcoin anymore.
At least that is what I think.
Should read, Chinese team is trying to steal and kill satoshi's bitcoin. There should be a price put on their heads to be honest. If they manage to get one private key I for one will dump my coins and not look back wtf are they doing.
Either Bitcoin has a preexisting flaw or it doesn't. If it does indeed have a flaw and its algorithm can be cracked then it was bound happen eventually. It's better for them to find out now and patch it up rather than 20 years from now when Bitcoin has a 500 billion dollar market cap and the consequences of such a flaw being discovered would be much worse.
Should read, Chinese team is trying to steal and kill satoshi's bitcoin. There should be a price put on their heads to be honest. If they manage to get one private key I for one will dump my coins and not look back wtf are they doing.
We all know that Chinese aren't that far behind in terms of technology. In fact, theirs are advancing at a fast rate. Even though they hold the sufficient technology to crack or generate the same private keys to Satoshi's addresses, it still is a resource-consuming and time-consuming effort to recover those coins
Fortunately they don't have the sufficient technology to crack or generate the same private keys to Satoshi's addresses.
We all know that Chinese aren't that far behind in terms of technology. In fact, theirs are advancing at a fast rate. Even though they hold the sufficient technology to crack or generate the same private keys to Satoshi's addresses, it still is a resource-consuming and time-consuming effort to recover those coins
Once again, it's not a matter of "better technology". It doesn't matter how fast the computers they have are. It doesn't matter how many computers they have. They could go 10,000 years into the future, steal all the computers on Earth, and bring them back in time to the beginning of the Universe, then run them nonstop trying to crack a single private key. They could run them while the early galaxies form, run them while our star is born, while the Earth congeals, while life begins, and until they again reach today. They would fail.
Brute force will never. Ever. Ever. EVER. crack a 256 bit key. No matter what.
Quantum computers could shorten the time required to break SHA-256. Computers 10,000 years in the future could be using exotic materials and technologies that we don't yet know about or even begin to comprehend.
Even if Satoshi gave you half of his private key and let you guess the rest of the numbers, you still couldn't do it in a sensible timeframe. Don't waste your breath on such dead simple software for private key cracking.
Perhaps, but having half of a private key actually shortens the entropy significantly. It would take not half as long to crack but something like millions of times less. It's probably irrelevant still, but it's something to consider when dealing with similar situations (e.g. a 12 word Electrum seed where you know the first 6 words is much easier to crack than a typical seed).
Interesting. It wouldn't be just brute forcing if you're smart about.
Maybe there is some flaw in Satoshi's random number generation or private key generation.
And I don't think he sent 1 million btc to one address but he has a ton of addresses with 50 BTC that people were able to link to him. And if he generated that many public keys than maybe there is a pattern.
Maybe there is some flaw in Satoshi's random number generation or private key generation.
And I don't think he sent 1 million btc to one address but he has a ton of addresses with 50 BTC that people were able to link to him. And if he generated that many public keys than maybe there is a pattern.
This is possible. Mycelium had a similar flaw at one stage.
You're right about the 50 BTC thing. He has many addresses scattered all over the blockchain with each address containing 50 BTC (plus any fees).
According to the guy that released the software, he claimed that they had cracked two addresses but refuse to specify, saying it would destroy the integrity of bitcoin.
They also said they had found 38,187 addresses that belong to Satoshi, or 50*38187=1,909,350 btc.
They also said they had found 38,187 addresses that belong to Satoshi, or 50*38187=1,909,350 btc.
From what I've read, the most commonly accepted figure is 1 million BTC. Most of that would have been from mining in 2009 when virtually nobody else was mining (other than a few very early adopters like Hal Finney). 2 million BTC seems a bit high IMO but if he continued mining all the way up until now and changed his practice of not consolidating coins in order to remain undetectable then it might just be possible.
They could use that computing power to mine blocks, and it would give a bigger gain in their life time, than trying to find matching private keys.
It would just be a pure fluke, if they do match up a single address with a private key, and by that time, they would have wasted a lot of money on electricity cost.
Let them do this, and show how secure SHA 256 is, if they did not solve it in 50 years.
It would just be a pure fluke, if they do match up a single address with a private key, and by that time, they would have wasted a lot of money on electricity cost.
Let them do this, and show how secure SHA 256 is, if they did not solve it in 50 years.
If it's revealed that they actually managed to match up one of Satoshi's confirmed addresses with a private key then it's probably not a good idea to dismiss it as a fluke. Since the chances of such a thing happening are so vanishingly small, it would be more reasonable to assume that there is something much larger and more significant at play (most likely it would be an undocumented flaw in SHA-256 or an implementation of it).
Here they are working hard at it!!
http://i2.wp.com/img.chinasmack.com/www/wp-content/uploads/2014/02/china-wuhan-school-desks-have-railings-to-prevent-student-near-sightedness-myopia-01.jpg
http://i2.wp.com/img.chinasmack.com/www/wp-content/uploads/2014/02/china-wuhan-school-desks-have-railings-to-prevent-student-near-sightedness-myopia-01.jpg
It's the software at work!!!
All those little buggers are now doing mathematical equations and sha256 hashes in order to find the private keys to Satoshis addresses.
We all know that Chinese aren't that far behind in terms of technology. In fact, theirs are advancing at a fast rate. Even though they hold the sufficient technology to crack or generate the same private keys to Satoshi's addresses, it still is a resource-consuming and time-consuming effort to recover those coins. SHA-256 is secure enough to be cracked by our technology for the next couple of centuries, and I doubt that even with the world's most advanced computers today, the algorithm would be cracked within a short span of time.
"Far behind"? !!!
LOL!
They are way ahead of everyone.
The truth is, you should consider yourselves lucky to say that YOU are not far behind the Chinese in technology.
Check out the recipients of the Fields Medal (equivalent to the Nobel Prize in Mathematics) and you'll see that most of the ground breaking work in mathematics (which cryptography is a part of) is done by US and UK based researchers. There is also the Turing Award (equivalent to the Nobel Prize in Computing) for outstanding contributions in computer science and that one is mostly awarded to US-based researchers. Same goes for the IEEE John von Neumann Medal, Rolf Schock Prize, and the Nevanlinna Prize. All of these prizes are dominated by US-based mathematicians and computer scientists.
We all know that Chinese aren't that far behind in terms of technology. In fact, theirs are advancing at a fast rate. Even though they hold the sufficient technology to crack or generate the same private keys to Satoshi's addresses, it still is a resource-consuming and time-consuming effort to recover those coins. SHA-256 is secure enough to be cracked by our technology for the next couple of centuries, and I doubt that even with the world's most advanced computers today, the algorithm would be cracked within a short span of time.
"Far behind"? !!!
LOL!
They are way ahead of everyone.
The truth is, you should consider yourselves lucky to say that YOU are not far behind the Chinese in technology.
The math is simply, everyone can figure it out, we have enough reasons to question their motive.
Using brute force guessing, you are currently 7,142,168,459,456,328,726,581,608,448 times more likely to solve a block than to guess a private key. Guessing private keys is stupid. It is much more profitable to mine blocks than to mine private keys.
Chance of guessing the private key of an address: 1 / 2160
Chance of guessing the nonce that solves a block: 0x1713DD x 2168 / 2256
No, he used a different address every time. But even if an address has 1,000,000 BTC, it still would be better to mine than to try to guess its private key.
Chance of guessing the private key of an address: 1 / 2160
Chance of guessing the nonce that solves a block: 0x1713DD x 2168 / 2256
Correct me if I'm wrong here but didn't Satoshi had around 1 Mil BTC on one of his single addresses?
No, he used a different address every time. But even if an address has 1,000,000 BTC, it still would be better to mine than to try to guess its private key.
So according to the maths, it only makes more sense to attempt to brute force a private key if the address contains 25*7,142,168,459,456,328,726,581,608,448 BTC (excluding miner fees). And even then, your miner would break and the earth would get swallowed up by the sun before you found a private key corresponding to one of Satoshi's addresses (which only contain 50 BTC since he never consolidated his coins into one single large address like most others).
While I agree this is a long shot it does seem to show a potential issue for bitcoin in the future. Sites like directory.io have already posted every bitcoin address and its corresponding private key. If a computer can just search that huge number of addresses you could get satoshi's or anyone else's for that matter coins.
I do like the point about how it would be better to just mine bitcoins with the corresponding computer power.
I do like the point about how it would be better to just mine bitcoins with the corresponding computer power.
You could, but it's so highly improbable that it's not really worth thinking about. So far, private keys that have been brute forced almost always corresponded to weak brainwallets.
And directory.io hasn't really posted a "list" of addresses and private keys. Instead, it just generates them on the fly.
EDIT: I see odolvlobo has already mentioned this. It caused quite a big scare when it was first made public though! Someone posted the link with the title "Bitcoin has been hacked" which caused some people to panic at the time. From reading the responses in this thread, it looks like people have smartened up since then:
http://www.reddit.com/r/Bitcoin/comments/1ruk0z/dont_panic_directoryio_thing_is_fake/
According to the guy that released the software, he claimed that they had cracked two addresses but refuse to specify, saying it would destroy the integrity of bitcoin.
They also said they had found 38,187 addresses that belong to Satoshi, or 50*38187=1,909,350 btc.
They also said they had found 38,187 addresses that belong to Satoshi, or 50*38187=1,909,350 btc.
It would be easy to provide a proof. My chinese has weakened over the last years, did they provide the txid of the stolen coins to confirm this on the blockchain?
They could use that computing power to mine blocks, and it would give a bigger gain in their life time, than trying to find matching private keys.
It would just be a pure fluke, if they do match up a single address with a private key, and by that time, they would have wasted a lot of money on electricity cost.
Let them do this, and show how secure SHA 256 is, if they did not solve it in 50 years.
It would just be a pure fluke, if they do match up a single address with a private key, and by that time, they would have wasted a lot of money on electricity cost.
Let them do this, and show how secure SHA 256 is, if they did not solve it in 50 years.
According to the guy that released the software, he claimed that they had cracked two addresses but refuse to specify, saying it would destroy the integrity of bitcoin.
They also said they had found 38,187 addresses that belong to Satoshi, or 50*38187=1,909,350 btc.
They also said they had found 38,187 addresses that belong to Satoshi, or 50*38187=1,909,350 btc.
Interesting. It wouldn't be just brute forcing if you're smart about.
Maybe there is some flaw in Satoshi's random number generation or private key generation.
And I don't think he sent 1 million btc to one address but he has a ton of addresses with 50 BTC that people were able to link to him. And if he generated that many public keys than maybe there is a pattern.
Maybe there is some flaw in Satoshi's random number generation or private key generation.
And I don't think he sent 1 million btc to one address but he has a ton of addresses with 50 BTC that people were able to link to him. And if he generated that many public keys than maybe there is a pattern.
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