Post
Topic
Board Development & Technical Discussion
Re: BitCrack - A tool for brute-forcing private keys
by
NotATether
on 04/02/2021, 15:32:45 UTC
Need Advice on a Risk Management Question ?
So when we eventually  Grin find the Private Key using BitCrack for any of these Bitcoin challenge transactions,
What will be the best/safest method to import the private key into your own wallet in the quickest possible time ?
eg : To an Exodus Digital Hot wallet or to a cold storage offline wallet or bitcoin core address

I heard that its possible to use transaction fees to redirect an import of private keys to another wallet
since there will be so many hackers sniffing for transactions/keys from these wallets trying to intercept transfers.
Is this possible or highly unlikely ?

Thanks  Wink

You just have to sweep the private key into a mixer (such as Chipmixer) and then import the resulting private keys it gives you into an empty Electrum or Bitcoin Core wallet. A good mixer offers complete privacy from sniffers.

Never ever store large sums of bitcoin in a hot wallet. It's better in that case to send them to an offline wallet on an airgapped computer.