Topic: Is it possible to brute force bitcoin address creation in order to steal money? - page 2. (Read 593 times)
June 17, 2018, 12:20:20 AM
all the technical discussions about this question apart the answer to your question is very simple: bitcoin was not created yesterday. it has been around for about 9 years and it had a real value for all that time (the incentive) if it was possible to brute force a bitcoin address then it would have already happened.
June 14, 2018, 12:19:55 PM
to brute force a specific address can happen on the first attempt.. or somewhere inbetween that and the final attempt in a few undecillion years of trying 1000 addresses a second.
2^160=1461501637330902918203684832716283019655932542976
/1000 tries a second /60 seconds a minute /60 minutes an hour /24 hours a day /365 days a year
=46343912903694200000000000000000000000 years
possible yes. if you hand the project down to your offspring and they hand the project down to their offspring and for Undecillion of generations of your family you all keep trying.
..
as for colliding. technically it has been done. because people have generated addresses using a low math formulae(no/low random number converted to a key) and so it didnt take long to get to that key
and the odds of coming across a random address is a few million(56mill) times better than trying to brute force a specific one..
but again it could happen first try or upto a few nonillion years (if done using good randomisation)
so the question. is it possible. yes..
is it practicle/probable to achieve it in reasonable time which when dedicating labour, electric and other costs make it worth doing.... no
good luck
2^160=1461501637330902918203684832716283019655932542976
/1000 tries a second /60 seconds a minute /60 minutes an hour /24 hours a day /365 days a year
=46343912903694200000000000000000000000 years
possible yes. if you hand the project down to your offspring and they hand the project down to their offspring and for Undecillion of generations of your family you all keep trying.
..
as for colliding. technically it has been done. because people have generated addresses using a low math formulae(no/low random number converted to a key) and so it didnt take long to get to that key
and the odds of coming across a random address is a few million(56mill) times better than trying to brute force a specific one..
but again it could happen first try or upto a few nonillion years (if done using good randomisation)
so the question. is it possible. yes..
is it practicle/probable to achieve it in reasonable time which when dedicating labour, electric and other costs make it worth doing.... no
good luck
June 14, 2018, 11:59:37 AM
Bitcoin addresses are actually the 256-bit SHA hash of an ECDSA public key. so it's a 160-bit hash of a 256-bit hash of a public key. While the target key space (160 bits) is smaller. It is very difficult to break such type of encryption and needs a lot of processing Breaking this level of encryption requires a huge amount of processing power.It will take more time to hack than mine these coins.
June 14, 2018, 11:53:21 AM
I do not think there could be a transaction collision because there is a blockchain which is a very large bitcoin address storage that provides very many bitcoin addresses
June 14, 2018, 11:44:51 AM
It's possible but the chance for getting back is really really low because SHA 512 won't be too easy for being hack.
Yes，it's required many decades to break it, right? I'm wondering why some exchange still can get hack
Yes，it's required many decades to break it, right? I'm wondering why some exchange still can get hack
June 14, 2018, 11:40:55 AM
Bitcoin users frequently generate new addresses for each transaction they make, which greatly increases the number of bitcoin addresses being used to receive money.
Would it be possible (and profitable) for someone to find collisions in the bitcoin address space in order to steal money?
Would it be possible (and profitable) for someone to find collisions in the bitcoin address space in order to steal money?
If we get someone bitcoin address we can do it for what ?
We cannot steal anybody's funds if we only has their address, we have to know the pricate key to access the wallet.
So, addresses is not vital thing.
June 14, 2018, 11:18:26 AM
Hash dictionary from password hash can be bought on the dark net. Is it possible that someday a big file of bitcoin dictionary will be created ?
This dictionary was already created. It contained 100% of all addresses. They took it off the internet now. June 14, 2018, 11:11:22 AM
Bitcoin users frequently generate new addresses for each transaction they make, which greatly increases the number of bitcoin addresses being used to receive money.
Would it be possible (and profitable) for someone to find collisions in the bitcoin address space in order to steal money?
If the sole purpose of your question is to steal money then the question that you rise is useless in this furom because we do not advice here how to steal hard earned money of our fellows but if your question is more on the ways of finding how to lessen the different addresses made for wallet then i think the answer is actually: i dont actually see the increase of wallet addresses as problem at all people does this for safety so that they wont get hacked or scammed or get steal which you are implying at the end of your post question. Would it be possible (and profitable) for someone to find collisions in the bitcoin address space in order to steal money?
June 14, 2018, 11:02:58 AM
Bitcoin users frequently generate new addresses for each transaction they make, which greatly increases the number of bitcoin addresses being used to receive money.
Would it be possible (and profitable) for someone to find collisions in the bitcoin address space in order to steal money?
Would it be possible (and profitable) for someone to find collisions in the bitcoin address space in order to steal money?
"Is it possible to brute force bitcoin address"
Yes. This has already been done.
No, it is not possible and it has never been done and RawDog is our local forum troll, so you should take anything he says with a pinch of Salt.
A bunch of people have generated a websites on the internet, with a so-called database of all Bitcoin addresses
June 14, 2018, 10:43:23 AM
Hash dictionary from password hash can be bought on the dark net. Is it possible that someday a big file of bitcoin dictionary will be created ?
June 14, 2018, 10:34:12 AM
Bitcoin users frequently generate new addresses for each transaction they make, which greatly increases the number of bitcoin addresses being used to receive money.
Would it be possible (and profitable) for someone to find collisions in the bitcoin address space in order to steal money?
Would it be possible (and profitable) for someone to find collisions in the bitcoin address space in order to steal money?
"Is it possible to brute force bitcoin address"
Yes. This has already been done.
June 14, 2018, 10:31:52 AM
This may be "theoretically" possible, but in fact it is unlikely to be achieved - just as it is possible to calculate the number of atoms in an office building.
June 13, 2018, 09:28:17 AM
I don't think its possible, if its actually doable then we should have heard about those attempts buy now. Also when you say bitcoin addresses does it mean public addresses? I believe in order to steal bitcoins you actually need the private key of a bitcoin wallet, which is almost impossible to obtain by brute force considering the current state of our computational power/technology. However, there are rumors that a quantum computer maybe able to crack a private key and obtain cryptocurrencies in that wallet. I don't know if this has been even attempted at this time where quantum computational technology is at its infancy.
June 13, 2018, 09:11:21 AM
How many times do we have to tell you? http://lmgtfy.com/?q=is+it+possible+for+a+bitcoin+address+collision+to+happen%3F
No. It is not impossible but the chances are way too low. Its widely known that there is a higher number of addresses (2^160) that could be generated than the grains of sand on earth and you're more likely to be struck by a lightning 10 times while sitting in a toilet bowl for 10+ years in a row, IIRC. You would have better chance winning the lottery a few times for consecutive years than to generate a single collision.
No. It is not impossible but the chances are way too low. Its widely known that there is a higher number of addresses (2^160) that could be generated than the grains of sand on earth and you're more likely to be struck by a lightning 10 times while sitting in a toilet bowl for 10+ years in a row, IIRC. You would have better chance winning the lottery a few times for consecutive years than to generate a single collision.
June 13, 2018, 09:04:01 AM
Bitcoin users frequently generate new addresses for each transaction they make, which greatly increases the number of bitcoin addresses being used to receive money.
Would it be possible (and profitable) for someone to find collisions in the bitcoin address space in order to steal money?
Would it be possible (and profitable) for someone to find collisions in the bitcoin address space in order to steal money?
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