Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
aliro38
on 29/12/2014, 22:01:33 UTC
Well, I'm stuck here: http://bitcoin.stackexchange.com/questions/22/is-it-possible-to-brute-force-bitcoin-address-creation-in-order-to-steal-money
The math posted there is ok for me but I'm not familiar with crypto so those parts are over my head for now, Anyway, as one can see, there is no consensus among experts. Interesting enough, it seems that one post there clearly reads "It is possible to brute force some Bitcoin addresses, because some people generate their private keys in an insecure manner." and further the author even gives some practical cases!

Well, yes, if the private key was not generated at random, it is possible to crack it.

[...]


Many thanks for your comprehensive answer!
It seems, as I've found in the last couple of hours, the use faulty PSRNG's might pose a threat, maybe significant enough to drive the price further down.
The unfolding story is here: https://bitcointalk.org/index.php?topic=107172.msg8939173#msg8939173 I hope you'll find it interesting enough to consider including it in your great work (I'm closely following your posts) that you're doing on studying/documenting the whole ecosystem.
Anyway, because I was invited so kindly by a smart a** to basically gtfo, I will stop here. I better go&check how do I create a more secure wallet and move my coins there. I look forward to meet you again soon and also let's hope my hunch is unjustified.
Oh, I'm a miner for more than a year now. So, I'm noob but, sadly enough, I see many old members here who seems to know a lot less than me.
Best regards.