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Topic: Please take this $16,600,522 before the government gets it... (Read 7141 times)

legendary
Activity: 1372
Merit: 1014
the government wants to destroy BTC not own it

they have a much better currency, based on Proof-of-Force, which can only be mined by the regime at zero difficulty or extraced from other stakeholders by a process called taxes Grin

everybody else has got to use it. This curreny is called USD in the US, EUR in Europe and so on ...
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Its over 18MM now, hurry up!  LOL
member
Activity: 118
Merit: 10
Is it actually less than 160 since the first character has to be 1?

That is *added* after the 160 bit hash.  Please read about how addresses are made here: https://en.bitcoin.it/wiki/Technical_background_of_Bitcoin_addresses
sr. member
Activity: 350
Merit: 250
To all the people saying 2^256, please know that it's actually 2^160 to brute force a bitcoin address.  You don't need to find the exact private key, you just need to find another key which collides with the hash to form the same address.  Did you know that for any given bitcoin address, you can expect there to be roughly 2^96 different public keys which are valid for that address.. and so you just need to generate *one* of them to be able to spend from that address.

Is it actually less than 160 since the first character has to be 1?

How many addresses can a normal computer try each second?  Feel free to be generous.  A trillion you say?  Whoa, but ok.  2^40.  How many computers on your team?  Be generous.  A trillion you say?  Whoa, another 2^40.  Wow, every second the team is trying 2^80 addresses.  There are about 2^25 seconds in a year.  So, that first year the team knocks down 2^105 addresses, nice.  So, in the first trillion years the team will get 2^145 addresses done.  Oh, darn the end of the universe is coming up and we are still short by a factor of 2^160/2^145=2^15.  Oh, we're gonna need faster than normal computers and a really big team.
It's not realistically possible. The most efficient (performance for the price) GPU at address hashing is the 5870, doing ~30Mkey/s (roughly 2^30). With the difficulty of cracking exponentially rising upwards to 2^60, it's definitely not going to be possibly pre-quantum.
hero member
Activity: 709
Merit: 503
To all the people saying 2^256, please know that it's actually 2^160 to brute force a bitcoin address.  You don't need to find the exact private key, you just need to find another key which collides with the hash to form the same address.  Did you know that for any given bitcoin address, you can expect there to be roughly 2^96 different public keys which are valid for that address.. and so you just need to generate *one* of them to be able to spend from that address.

Is it actually less than 160 since the first character has to be 1?

How many addresses can a normal computer try each second?  Feel free to be generous.  A trillion you say?  Whoa, but ok.  2^40.  How many computers on your team?  Be generous.  A trillion you say?  Whoa, another 2^40.  Wow, every second the team is trying 2^80 addresses.  There are about 2^25 seconds in a year.  So, that first year the team knocks down 2^105 addresses, nice.  So, in the first trillion years the team will get 2^145 addresses done.  Oh, darn the end of the universe is coming up and we are still short by a factor of 2^160/2^145=2^15.  Oh, we're gonna need faster than normal computers and a really big team.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer

So... either you are hoping to be stealing from him (or someone else), or you are doing a favor for him (and aiding and abetting an alleged criminal), or stealing from a government?


would it be stealing if someone would own the private key in your opinion?

Sorry for this but I might not be understanding the question.  If you are asking:
"Is it stealing if you crack a wallet that does not belong to you without permission of the rightful owner of the (private key of the) wallet."
Yes, I think that is stealing.

I don't think anyone is really arguing that it isn't stealing, (or plunder, if it is indeed pirate booty).  Instead I think that they feel that it is justified because of their belief about who might own it and the circumstances around that.
I'd love to hear what you mean by "a wallet that doesn't belong to you"?

c.f. artistic license


Or if you prefer, consider the difference between owning the wallet and pwning it.

Realistically, the statistical probability of anyone getting at these coins without the pvt key is... unlikely.  So if here be something ulterior, perhaps the purpose of plausible deniability for the prospective prospector partaking in the probabalistically preposterous?

Yeah... with all these trying... just maybe that future spender of these, is just, lucky.  Wink
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
To all the people saying 2^256, please know that it's actually 2^160 to brute force a bitcoin address.  You don't need to find the exact private key, you just need to find another key which collides with the hash to form the same address.  Did you know that for any given bitcoin address, you can expect there to be roughly 2^96 different public keys which are valid for that address.. and so you just need to generate *one* of them to be able to spend from that address.

2^160 is 1,46e+48. Good luck even if you bruteforcing 1000s of top addresses with dedicated asic units and your own power plant  Tongue

Yeah.. it's impossible.. hence why bitcoin is secure.  I just get annoyed when I see people incorrectly saying that brute force requires 2^256 work.  You are *not* searching for a specific private key, because you don't even know the user's public key.  You are trying to generate a keypair which, when hashed, collides with their bitcoin address, thus allowing you to spend from it.

There haven't been any significant deposits to 1933 since November'12 so one might expect there to be other lost chests stranded around.  With all the spotlight on this wallet, the enterprising treasure-hunter/thief might better quest at other cursed coin caches.

This legendary pirate has left in the wake of his sunken vessel an intriguing tale of absconded booty for digital diggers of posterity.
member
Activity: 118
Merit: 10
To all the people saying 2^256, please know that it's actually 2^160 to brute force a bitcoin address.  You don't need to find the exact private key, you just need to find another key which collides with the hash to form the same address.  Did you know that for any given bitcoin address, you can expect there to be roughly 2^96 different public keys which are valid for that address.. and so you just need to generate *one* of them to be able to spend from that address.

2^160 is 1,46e+48. Good luck even if you bruteforcing 1000s of top addresses with dedicated asic units and your own power plant  Tongue

Yeah.. it's impossible.. hence why bitcoin is secure.  I just get annoyed when I see people incorrectly saying that brute force requires 2^256 work.  You are *not* searching for a specific private key, because you don't even know the user's public key.  You are trying to generate a keypair which, when hashed, collides with their bitcoin address, thus allowing you to spend from it.
sr. member
Activity: 447
Merit: 250
To all the people saying 2^256, please know that it's actually 2^160 to brute force a bitcoin address.  You don't need to find the exact private key, you just need to find another key which collides with the hash to form the same address.  Did you know that for any given bitcoin address, you can expect there to be roughly 2^96 different public keys which are valid for that address.. and so you just need to generate *one* of them to be able to spend from that address.

2^160 is 1,46e+48. Good luck even if you bruteforcing 1000s of top addresses with dedicated asic units and your own power plant  Tongue
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
Let all the miners collaborate in a vanitygen. Cool
full member
Activity: 140
Merit: 100
I guess its a pro getting so much popularity for a bitcoin address, alot of small spams increases the bitcoin amount.
sr. member
Activity: 412
Merit: 287
If you're talking about brute forcing, you would be looking to brute force the raw private key. Once you have that you can spend the coins. Two factor is redundant if someone has a key which is not password protected. It's the same reason changing your wallets password wont do you any good if it's compromised, you need to send to a new address, related to a new private key.
member
Activity: 118
Merit: 10
What about the two factor authentication?

Ummm..what?
member
Activity: 112
Merit: 10
Coffee makes it all better!
To all the people saying 2^256, please know that it's actually 2^160 to brute force a bitcoin address.  You don't need to find the exact private key, you just need to find another key which collides with the hash to form the same address.  Did you know that for any given bitcoin address, you can expect there to be roughly 2^96 different public keys which are valid for that address.. and so you just need to generate *one* of them to be able to spend from that address.

What about the two factor authentication?
member
Activity: 112
Merit: 10
Coffee makes it all better!
http://www.forbes.com/sites/kashmirhill/2013/10/17/does-this-17-million-bitcoin-wallet-belong-to-alleged-silk-road-mastermind-ross-ulbricht/

Quote
UC-San Diego academic Sarah Meiklejohn, who has done work de-anonymizing Bitcoin transactions, confirmed the link between the two addresses. But she said it wasn’t conclusive, and that ownership of the Bitcoins could have changed hands during the transactions. In other words, the wallets may be linked, but it doesn’t mean they’re both owned by the same people.

“Given that the [$17-million wallet] has the largest amount of bitcoins in any one address (and has for a while), people are always going to be eager to try to unmask its owner,” she said by email. “But I seriously doubt any type of blockchain analysis could do this definitively (unless it eventually spends its bitcoins; that’s a different story entirely!).”
member
Activity: 118
Merit: 10
To all the people saying 2^256, please know that it's actually 2^160 to brute force a bitcoin address.  You don't need to find the exact private key, you just need to find another key which collides with the hash to form the same address.  Did you know that for any given bitcoin address, you can expect there to be roughly 2^96 different public keys which are valid for that address.. and so you just need to generate *one* of them to be able to spend from that address.
legendary
Activity: 1734
Merit: 1015
I'm not a computer wizzard but I read somewhere it would take between 1 and 10 billion years for a normal computer to hack a private key, how can anybody take those bitcoins?

http://miguelmoreno.net/wp-content/uploads/2013/05/fYFBsqp.jpg


If it only took 1-10 billion years then that would be a problem. Splitting the work between 1-10 billion computers would then make is a 1 year quest only. How you know how ASICs compare to everyday computers regarding the mining speed. Imagine an ASIC which sole purpose it is to find a given bitcoin address. That would probably reduce it to 10k-100k of these machines (plus you can add in some normal computers to substitute for not having as many ASICs in the beginning at a 1:100 rate (for the beginning, these ASICs would, over time, be 1000 times and more faster than a normal PC).

Now also imagine you don't only look for only one address, but... lets say the Top 1000 BTC addresses. If this 1-10 billion years and there fore the 1 years with the power of 1-10 billion machines is correct and the worst case scenario, hat would leave you with ~2,74 of those top 1000 address' private key being found PER DAY. If it's not the worst case scenario but an average, that would leave you with only ~1,37 private keys per day.

Someone please enlighten me if the 1-10 billion thingy is correct because that could be a huge problem regarding the fact that computer power increases rapidly.
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
I'll get right on to that.


EDIT: The password is "swordfish"

password = PrInCeSs BuTtErCuP5.0

Hey it's easy. The password is 1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a too.  Grin

Hint:
The password starts with the number 5


Are you serious?
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
Wow, but how if it is just one online wallet.
legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold

So... either you are hoping to be stealing from him (or someone else), or you are doing a favor for him (and aiding and abetting an alleged criminal), or stealing from a government?


would it be stealing if someone would own the private key in your opinion?

Sorry for this but I might not be understanding the question.  If you are asking:
"Is it stealing if you crack a wallet that does not belong to you without permission of the rightful owner of the (private key of the) wallet."
Yes, I think that is stealing.

I don't think anyone is really arguing that it isn't stealing, (or plunder, if it is indeed pirate booty).  Instead I think that they feel that it is justified because of their belief about who might own it and the circumstances around that.
I'd love to hear what you mean by "a wallet that doesn't belong to you"?
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