Post
Topic
Board Bitcoin Discussion
Re: Bitcoin puzzle transaction ~32 BTC prize to who solves it
by
DonaldTrumpMk
on 20/11/2024, 11:35:11 UTC
It is clear to me that the best thing that can happen for the sake of Bitcoin's encryption security is the impossibility of solving this challenge. Assuming that the challenges already solved were completed by the creator themselves, all of this only serves to attest to the level of cryptographic security present in this digital masterpiece created by Satoshi.

Well, in my opinion is actually the other way around if those challenges are solved it should be a clear sign to the bitcoin developers to migrate to another encryption scheme.

It may be one of two things:
- A bigger Elliptic Curve.
- A post-Quantum Algorithm.

Also you need to consider that this challenge has two variants, one for public key and one for address.

Public keys as we see are secure if they is great than 130 bits (By the moment), Also you need to consider that real wallets are usually near 256 bits
Address security by the moment are secure if the address is higher 66 bits.... yes i know if the public keys is leaked it may be completely insecure, but that is only if you know the expected range of such address Which usually doesn't happen.


When I solved #125 I gave up because it became boring. I thought someone else would solve #130, but nobody did it, so after a year I started again and I spent about two months to solve #130.



Interesting thanks for sharing, I just get a little confused because before you stated that it was more than a year.

3. I have no idea how some people calculated time two months between solving #125 and #130  Huh it was a year or so.

In any case that has a lot of more merit, two months to break a 129 bit key is amazing without doubt a world record!

Yes you can use old DPs to solve next puzzle, it helps a bit.
I will try to finish solving #135 in 2025.

Well yes some other users already said that those DP for another rages can help too,my doubt is that if you use them as is or they need some shift/calculation?

Regards!




Yes, this guy is the creator himself, whether it's for fun, mockery or to spark interest.
People believe in him because he shows three private keys but they don't stop to think that it's more likely that he is the creator than that a single individual has solved everything, "just out of boredom." These types of people, despite having everything, are unhappy, and usually do these things out of delusions of grandeur. How sad this man's life must be.
There he leaves his crumbs of 400 bucks, and everyone applauds him.
people see what they want to see.