A friend of mine had some Bitcoin on his phone a couple of years ago and he's lost that phone which stored the private keys on without any other backup. We can see his balance on the blockchain and he knows his password for the private keys. Is there a way of creating the private key from the bitcoin address and the known password?
We all know that bitcoin is very sustainable and volatile crypto currency and one of its important characteristic is that its transactions provide us the most secure and confidential transactions and thus it provides user anonymity by providing peer to peer transactions and thus it is next to impossible to steal or hack any bitcoin information unless and until you keep your keys and passwords very secure and confidential, one I sent bitcoin to someone accidentally and then I was unable to get my bitcoins back without his will and I just got hacked.