Topic: Is there a way to build a wallet generator till you hit the jackpot ? - page 6. (Read 9658 times)
November 06, 2013, 01:28:01 PM
Yeah but promoting stealing will make them scared to keep bitcoins after
November 06, 2013, 01:17:09 PM
Regardless of the odds, they are a noticeable improvement over zero. And spinning the wheel is free, at many times per second.
No they aren't. It is like trying to get to another star and your progress is 0% so you decide to jump. You get too feet off the ground and call that a noticeable improvement over zero.
No. It is not like that.
You decide to jump, hundreds or thousands of times per second. Most times you only move 0.01 inch, and occasionally you jump 46 feet, and occasionally someone posts documentation in a forum that they jumped 273 miles.
The number of encouraging results increases over time. And "players" would get closer to a match. And the value of the Bitcoins keeps increasing.
We would have a much harder time promoting something with a zero chance. Unless we were a religion, offering "eternal life".
November 06, 2013, 01:08:29 PM
Wouldn't using two factor authorization make that method less likely of success?
No but multi-sig would. However the chance of success is ~0%. You are far more likely to die before reading the end of this post then ever having a collision occur. Still alive? Good your coins are probably safe too.
November 06, 2013, 01:08:11 PM
We can sell it as a bitcoin robot
November 06, 2013, 01:07:38 PM
And spinning the wheel is free, at many times per second.
Not really, it costs energy to do that.
Even if the computer is on anyway it would use more energy doing all the work.
November 06, 2013, 01:07:23 PM
Regardless of the odds, they are a noticeable improvement over zero. And spinning the wheel is free, at many times per second.
No they aren't. It is like trying to get to another star and your progress is 0% so you decide to jump. You get too feet off the ground and call that a noticeable improvement over zero.
November 06, 2013, 01:04:52 PM
Properly packaged, these could be an effective promotional item for Bitcoin. The ideal package should be preloaded with orphaned and dormant addresses, require that the "player" download a bitcoin wallet before using the generator, and ideally have made some Bitcoin transfer to it.
As with any lottery, near misses to the big payoff should be displayed, and can provide tantalizing reinforcement.
If we can't market unlimited free chances to win millions of abandoned dollars in a way that promotes more widespread Bitcoin awareness and usage, we really are a bunch of nerds.
Regardless of the odds, they are a noticeable improvement over zero. And spinning the wheel is free, at many times per second.
The screen saver method is only one such implementation. A simpler approach would be a batch file that ensures that the player has a Bitcoin wallet, and then runs vanitygen https://bitcointalksearch.org/topic/vanitygen-vanity-bitcoin-address-generatorminer-v022-25804 coupled to a GUI that provides just the right amount of user feedback and "near misses", with a search file of the largest abandoned addresses, and the matches written to an output file. By using just the first 8 characters of the target addresses, a small number of encouraging hits would be generated.
As with any lottery, near misses to the big payoff should be displayed, and can provide tantalizing reinforcement.
If we can't market unlimited free chances to win millions of abandoned dollars in a way that promotes more widespread Bitcoin awareness and usage, we really are a bunch of nerds.
Regardless of the odds, they are a noticeable improvement over zero. And spinning the wheel is free, at many times per second.
The screen saver method is only one such implementation. A simpler approach would be a batch file that ensures that the player has a Bitcoin wallet, and then runs vanitygen https://bitcointalksearch.org/topic/vanitygen-vanity-bitcoin-address-generatorminer-v022-25804 coupled to a GUI that provides just the right amount of user feedback and "near misses", with a search file of the largest abandoned addresses, and the matches written to an output file. By using just the first 8 characters of the target addresses, a small number of encouraging hits would be generated.
November 06, 2013, 12:29:27 PM
There is no 2 factor
November 06, 2013, 12:05:07 PM
Yup, but if we ever get that far we'll have intergalacticcoin and ASIC makers will have moved on to cramming stars into fancy boxes. BFL customers will be complaining by the time they received their units they'd turned into red dwarves
outstanding
November 06, 2013, 12:00:14 PM
Wouldn't using two factor authorization make that method less likely of success?
November 06, 2013, 11:34:42 AM
I'm surprised that no one has created a *coin to do this 
November 06, 2013, 07:54:50 AM
Win win either prove security or hit the jackpot
November 06, 2013, 06:27:54 AM
November 06, 2013, 06:22:37 AM
The probability of finding a private key to a specific address is the same probability of finding a hash of all zeroes. I don't know what the lowest hash found to date is (maybe 17 leading zeroes of of 64?), but its not even close. You'll need to have computing power many trillion-trillion times more powerful than the current bitcoin network, and a few trillion-trillion+ years to run it.
November 06, 2013, 05:46:52 AM
Oh really...
November 06, 2013, 04:48:28 AM
how complicated is to build a wallet generator, which will generate you adresses till you hit the jackpot ? 
is it even possible ?
is it even possible ?
It's so possible that someone has done it already.
https://bitcointalksearch.org/topic/2256-deep-space-vagabond-107172
November 06, 2013, 04:20:14 AM
brain wallet mining is apparently really profitable. i guess the majority of people don't realize that the first round hash of "this is a super secure passphrase because it's long" has less entropy than they think it does.
November 06, 2013, 03:54:00 AM
This sums it up:
So basically, you're saying it's possible. Just need to get a bigger star.
November 06, 2013, 02:41:48 AM
Overestimate billion^billion
November 06, 2013, 02:24:07 AM
You can use vanitygen to crack addresses with giant sums but it will take you a billion years
Statistically it could happen in a second tho.
Statistically it could happen in a second tho.
You have no idea of how massively "a billion years" underestimates the true length of time it would take vanitygen to crack an address with a large amount of coins.
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