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Topic: How to steal Satoshi's stash? - page 8. (Read 12820 times)

legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
March 09, 2014, 11:10:34 PM
#17
Hello!

This is just for educational purposes. We know that Satoshi has an enormous amount of bitcoins and that he has not moved them for a long time. I think we also know the bitcoin addresses containing those bitcoins.

What if someone wanted to steal those bitcoins? They would need both the public key and private key of the address. I know that it would take an enormous amount of time but is this technically doable?

Also, would mining pools be able to push to their clients a script to find those public and private keys? These pools have nowadays an enormous calculation power.

run vanity gen using the first few characters of his address to get the privkey...

... see you in a thousand years once you get that exact key.

much easier to find out his real identity and raid his computer, oops people are already doing that but finding innocent outsiders instead, poor dorian

Yes that verification crap didn't work out too well.

This is also a very serious concern with things like the MtGox database leak. Now everybody will know the real identities of all the top gox bitcoiners.
hero member
Activity: 714
Merit: 503
March 09, 2014, 11:09:44 PM
#16
Why would anyone want to even figure out a way to steal the coins? It would destroy Bitcoin, would it not?

How would it destroy bitcoin?

I figure it would just show how weak Bitcoin is security wise. I figure it would just destroy it's credibility.  I could easily be wrong, that's just the way I see it.
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
March 09, 2014, 11:07:01 PM
#15
a 'fatal' flaw in bitcoin ... Thats something I've always feared.
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
March 09, 2014, 11:05:35 PM
#14
Why would anyone want to even figure out a way to steal the coins? It would destroy Bitcoin, would it not?

How would it destroy bitcoin?
hero member
Activity: 714
Merit: 503
March 09, 2014, 11:04:22 PM
#13
Why would anyone want to even figure out a way to steal the coins? It would destroy Bitcoin, would it not?
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
March 09, 2014, 11:02:02 PM
#12
I have an issue with this, why can that picture use a Dyson sphere which is theoretically doable if we have the technology, but it cant be bothered to add in a quantum computer which is being actively worked on right now by governments and corporations?

The picture is of the sun.  It is not known if a quantum computer capable of implementing shor's algorithm on 256 bit ECDSA keys will ever be possible.  Even with a quantum computer if the pubkey is unknown Shor's algorithm can't be used.

I thought it was a Schrodinger cat if that case happened bitcoin is and is not destroyed
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
March 09, 2014, 11:01:34 PM
#11
I have an issue with this, why can that picture use a Dyson sphere which is theoretically doable if we have the technology, but it cant be bothered to add in a quantum computer which is being actively worked on right now by governments and corporations?

The picture is of the sun.  It is not known if a quantum computer capable of implementing shor's algorithm on 256 bit ECDSA keys will ever be possible.  Even with a quantum computer if the pubkey is unknown Shor's algorithm can't be used.


I know its a star.......but did you read the text? You would think that if a civilization can construct a Dyson sphere they would have something better than windows 7...........

Windows 8 :p I hear its all the rage.
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
March 09, 2014, 11:00:20 PM
#10
I have an issue with this, why can that picture use a Dyson sphere which is theoretically doable if we have the technology, but it cant be bothered to add in a quantum computer which is being actively worked on right now by governments and corporations?

The picture is of the sun.  It is not known if a quantum computer capable of implementing shor's algorithm on 256 bit ECDSA keys will ever be possible.  Even with a quantum computer if the pubkey is unknown Shor's algorithm can't be used.


I know its a star.......but did you read the text? You would think that if a civilization can construct a Dyson sphere they would have something better than windows 7...........
donator
Activity: 1218
Merit: 1079
Gerald Davis
March 09, 2014, 10:52:17 PM
#9
I have an issue with this, why can that picture use a Dyson sphere which is theoretically doable if we have the technology, but it cant be bothered to add in a quantum computer which is being actively worked on right now by governments and corporations?

The picture is of the sun.  It is not known if a quantum computer capable of implementing shor's algorithm on 256 bit ECDSA keys will ever be possible.  Even with a quantum computer if the pubkey is unknown Shor's algorithm can't be used.
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
March 09, 2014, 10:51:56 PM
#8
Hello!

This is just for educational purposes. We know that Satoshi has an enormous amount of bitcoins and that he has not moved them for a long time. I think we also know the bitcoin addresses containing those bitcoins.

What if someone wanted to steal those bitcoins? They would need both the public key and private key of the address. I know that it would take an enormous amount of time but is this technically doable?

Also, would mining pools be able to push to their clients a script to find those public and private keys? These pools have nowadays an enormous calculation power.

run vanity gen using the first few characters of his address to get the privkey...

... see you in a thousand years once you get that exact key.

much easier to find out his real identity and raid his computer, oops people are already doing that but finding innocent outsiders instead, poor dorian

This is also a very serious concern with things like the MtGox database leak. Now everybody will know the real identities of all the top gox bitcoiners.
full member
Activity: 200
Merit: 100
March 09, 2014, 10:51:30 PM
#7
once in a while a dumbass come here and ask the same question.....

then he wonders why hes called dumb

Thanks, I love this spirit.
full member
Activity: 200
Merit: 100
March 09, 2014, 10:50:28 PM
#6
I know it would take eons but can we define the number of tries that we would need and the time needed to generate each try?
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
March 09, 2014, 10:49:56 PM
#5



I have an issue with this, why can that picture use a Dyson sphere which is theoretically doable if we have the technology, but it cant be bothered to add in a quantum computer which is being actively worked on right now by governments and corporations?
hero member
Activity: 658
Merit: 500
March 09, 2014, 10:49:53 PM
#4
once in a while a dumbass come here and ask the same question.....

then he wonders why hes called dumb
legendary
Activity: 4424
Merit: 4794
March 09, 2014, 10:48:07 PM
#3
Hello!

This is just for educational purposes. We know that Satoshi has an enormous amount of bitcoins and that he has not moved them for a long time. I think we also know the bitcoin addresses containing those bitcoins.

What if someone wanted to steal those bitcoins? They would need both the public key and private key of the address. I know that it would take an enormous amount of time but is this technically doable?

Also, would mining pools be able to push to their clients a script to find those public and private keys? These pools have nowadays an enormous calculation power.

run vanity gen using the first few characters of his address to get the privkey...

... see you in a thousand years once you get that exact key.

much easier to find out his real identity and raid his computer, oops people are already doing that but finding innocent outsiders instead, poor dorian
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
March 09, 2014, 10:46:23 PM
#2
This has been discussed before. To brute force a private key would take ages.
full member
Activity: 200
Merit: 100
March 09, 2014, 10:44:36 PM
#1
Hello!

This is just for educational purposes. We know that Satoshi has an enormous amount of bitcoins and that he has not moved them for a long time. I think we also know the bitcoin addresses containing those bitcoins.

What if someone wanted to steal those bitcoins? They would need both the public key and private key of the address. I know that it would take an enormous amount of time but is this technically doable?

Also, would mining pools be able to push to their clients a script to find those public and private keys? These pools have nowadays an enormous calculation power.
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