Post
Topic
Board Project Development
Re: Are dices for generating seed words fair?
by
larry_vw_1955
on 18/10/2022, 23:30:08 UTC
looked random enough to them so they went with it...
n this case, the number might seem random, but all of us can verify that it was the hash of a non-random number. Anyway, I'm still not sure how's this incident related to dice rolls.
it's not. simply to say that something like that would never happen with a dice roll though.

Quote
The bitcoin may have been deposited and withdrawn by the same person who was testing the ecosystem back then.

well, 0.8 bitcoins at the time was worth somewhere around $16,000.

Quote
It's highly likely that there are bots that scan for this known keys to immediately spend in case someone sends money, though.
call me ishmael.

Quote
flaws in random number generator algorithms i think i heard about how someone exploited that to hack some private keys once. the algo was using the time as a seed or something.
Would you like to share a link?
i just remember reading about how some people's private keys were weakened by some rng that used timestamps as a seed and someone realized that and took advantage. it wasn't cakewallet but it was similar sounding situation:

https://np.reddit.com/r/cakewallet/comments/n9yw6j/urgent_action_needed_for_bitcoin_wallets_in_cake/