Post
Topic
Board Development & Technical Discussion
Re: How to Create a Bitcoin Address from a Coin Flip
by
NewLiberty
on 17/02/2015, 08:53:18 UTC
1. I agree that my measly .05 BTC of bait is not a real enticement.  But it would demonstrate if someone had maliciously swiped the code and was using the site to swipe private keys no matter the balance.
2. I appreciate gmaxwell's point and I added warnings based on his point.  This thread is however, about creating the private key with a coin flip not a web site.  Using a site like random.org is ancillary to the thread and I marked it "educational only."
3. The only thing I claim is safe is: 1) its done offline, 2) its done randomly, and 3) no one can know the method of creation.  I will stick by that maxim. < this is the essence of the thread
Agree with all of this Smiley and with the recent revelations:
http://www.cbc.ca/news/technology/nsa-hid-spying-software-in-hard-drive-firmware-report-says-1.2959252
the method is very attractive, still I'd stick with the 64 hex dice rolls over the 256 coin flips.