Post
Topic
Board Bitcoin Discussion
Re: Can somebody steal your btc?
by
ajaymukund
on 28/05/2018, 10:05:43 UTC
Hi, have you ever thought this?

You know that, to import a wallet you need the private key or your seed. Taking as example the private key (the 52 letters key). It could exist the possibility someone create a software whose function was to try thousands of times to find the private key till it is be done.This would be like the process to find the new block in mining, anyway you can try the times you want in order to find it.

I think this could be a weakness, correct me if I am wrong. Smiley

Or comment if you have a kind of solution for this...

Regards!


I think you should not be too suspicious. The wallets require us to enter a private key to log into the wallet and the creators of the software will not steal the user's money. because they need more credibility and number of users.
Transaction fees will increase their earnings more than they steal your money. So I advise you not to think too negatively. Grin