Pages:
Author

Topic: NSA is attempting to crack Bitcoin? - page 3. (Read 3297 times)

hero member
Activity: 910
Merit: 1000
May 05, 2015, 04:06:15 AM
#16
Just keep multiple wallet with your balance spread out among them. If one wallet gets cracked, atleast you'll have the rest of your money safe.  Smiley

Multi-sig might help too. But I still don't think they are actively trying to crack private keys...
member
Activity: 116
Merit: 10
-Credits (CRE) Miner/Enthusiast
May 05, 2015, 03:49:35 AM
#15
Just keep multiple wallet with your balance spread out among them. If one wallet gets cracked, atleast you'll have the rest of your money safe.  Smiley
sr. member
Activity: 462
Merit: 250
May 05, 2015, 03:25:22 AM
#14
What good will it do if they "cracked" bitcoin? They can take your coins, that's it! They don't need money, taking anyone's coins is not their objective. It is more of their interest to monitor, follow the coins, and pinpoint where the crypto-fiat exit node is for money launderers and terrorists. To do that, they don't need to crack any encryption.

If they have truly attempted it, then it would be bad for Bitcoin.
I think it is going to lose a lot of it's supporters.
Who wants the NSA to know what they do with their money?
 
legendary
Activity: 952
Merit: 1003
--Signature Designs-- http://bit.ly/1Pjbx77
May 05, 2015, 03:21:01 AM
#13
What good will it do if they "cracked" bitcoin? They can take your coins, that's it! They don't need money, taking anyone's coins is not their objective. It is more of their interest to monitor, follow the coins, and pinpoint where the crypto-fiat exit node is for money launderers and terrorists. To do that, they don't need to crack any encryption.
sr. member
Activity: 301
Merit: 250
Ɓιтcσιη
May 05, 2015, 03:04:17 AM
#12
This sounds like some conspiracy theory.

I mean, with regards to the threat of government seizures, yes, bitcoin is vulnerable, but so is gold. There is a certain confiscatory risk, like what happened in 1933-1934, where US govt. made it illegal to privately own gold and confiscated it, first by executive order, then by Congressional decree.
There are ways to buy bitcoin so that your identity is not traceable via the bitcoin blockchain, but I think NSA is more interested in being able to trace wallet-holders moreso than cracking the blockchain.
sr. member
Activity: 462
Merit: 250
May 05, 2015, 02:40:23 AM
#11

Since the begining of this century, NSA has invested billion dollars in some secret activities to keep its ability of eavesdrop and taken this as its great mission. If the information from terrorist, foreign spy and other foes, US will be the one to attack.
It is said that NSA cooperates with multipal technology companies to use high speed computer to crack secret codes. This institue has decoded the encryption skill of protecting global business and bank system, kept the business secret,medical record and other sensitive data, at the same time, the safety of emails, internet surfing, online chatting in US is automatically protected.
An intelligence budget file has shown that this kind of action is still going on. The American national intelligence supervisor James R. Clapper Jr. has written that:"We have invested a lot of funds on breakthrough password analysis to attack the password technology and network traffic of foes."
There is rumor in the past that Bitcoin is one of the institutions of NSA.However, all the details around the national institution have shown that Bitcoin community has become the goal. Many people in Bitcoin community believe that NSA is cracking the Bitcoin agreement, which is one of the great tasks for them.

What kind of FUD is this?
And what Bitcoin agreement are you talking about?
There is NO Bitcon agreement.

There is only a protocol.
legendary
Activity: 1904
Merit: 1073
May 05, 2015, 02:27:22 AM
#10
Listen to the stuff that Applebaum and the team at Tor are saying... They have access to ex-NSA agents, who revealed some methods used by them to spy on people.

The NSA says, they are collecting ALL data, and then they target strategic key targets from that database. {If they suspect someone}

They need to have access to the information linking a person to a Bitcoin address... not access to the Bitcoin address itself. {To track the money flow}

It would be great, if they could intercept the money or hack the address, to prevent the money from getting into the wrong hands... but that opens up a whole new can of worms.

For now, I think, they will target only the person behind the address...  Wink
sr. member
Activity: 490
Merit: 255
May 05, 2015, 02:21:45 AM
#9
They cant do that if they do that bitcoin users get angry and the bitcoin will be close for a min time. This will affect economy of the coutry that use bitcoin and also the different business that accept bitcoin
legendary
Activity: 3206
Merit: 1069
May 05, 2015, 02:18:15 AM
#8
they can't crack anything unless they have a super quantum computer prototype or something like that

another "fud news" to bring bitcoin price down
legendary
Activity: 1148
Merit: 1000
May 05, 2015, 01:58:46 AM
#7
Well I wouldn't be surprised if they really are trying to crack cryptography in general, Bitcoin would then be just one of the affected techs. It is not possible for anything designed by man to be truly irreversible because you always know the starting point. Any induced state can be traced back to it's starting point (original state) because the path between the two is always clear and well defined. Cryptography is not unbreachable, it's just that at this time there is no known method for reversing the process.
hero member
Activity: 910
Merit: 1000
May 05, 2015, 12:50:11 AM
#6
It's probably more of importance to them to de-anonymize Bitcoin users than it is to actually crack Bitcoin private keys.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
May 05, 2015, 12:43:14 AM
#5
Never keep huge amounts of bitcoin in one single address. That's the best solution. Don't make yourself a target.
legendary
Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
May 05, 2015, 12:39:31 AM
#4
I don't really get your mean by crack Bitcoin Undecided , the coding of bitcoin has been done in Sha-256 for a reason , it being it can only be encoded and not decoded. What they can do is brut-force their way to the correct statement and then hashing it and matching it with the original one. And to stumble on such will take several Years , might take less if you're lucky but that's a low chance gamble.
They have said decoding passwords and codes, there might be something else supposedly , but not Bitcoin.
sr. member
Activity: 322
Merit: 250
May 04, 2015, 11:47:13 PM
#3
Good try, but i bet them will failed to crack bitcoin.
Sure there is nothing absolutely safe, but the security can be updated.
legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
May 04, 2015, 11:40:03 PM
#2
what bitcoin agreement is that?
sr. member
Activity: 266
Merit: 250
May 04, 2015, 11:12:06 PM
#1

Since the begining of this century, NSA has invested billion dollars in some secret activities to keep its ability of eavesdrop and taken this as its great mission. If the information from terrorist, foreign spy and other foes, US will be the one to attack.
It is said that NSA cooperates with multipal technology companies to use high speed computer to crack secret codes. This institue has decoded the encryption skill of protecting global business and bank system, kept the business secret,medical record and other sensitive data, at the same time, the safety of emails, internet surfing, online chatting in US is automatically protected.
An intelligence budget file has shown that this kind of action is still going on. The American national intelligence supervisor James R. Clapper Jr. has written that:"We have invested a lot of funds on breakthrough password analysis to attack the password technology and network traffic of foes."
There is rumor in the past that Bitcoin is one of the institutions of NSA.However, all the details around the national institution have shown that Bitcoin community has become the goal. Many people in Bitcoin community believe that NSA is cracking the Bitcoin agreement, which is one of the great tasks for them.
Pages:
Jump to: