/biz/ - Business & Finance

[Anonymous No.11985116]

>currency of the future

[Anonymous No.11985119]

>>11985116
oh fuck off this bull shit fud again

[Anonymous No.11985193]

>>11985116
how many is it? mathfags how much is it a billion?

[Anonymous No.11985223]

>>11985193
115792089237316195423570985008687907853269984665640564039457584007913129639936
good luck

[Anonymous No.11985228]

It would be funny if he tries to do that with Monero. Imagine having to scan all the blockchain each time you test a single wallet mnemonic.

[Anonymous No.11985247]

>>11985116
lel

[Anonymous No.11985256]

>(nearly) every number between 1 and 2^256 is listed on this website

[Anonymous No.11985272]

>>11985116
This faggot is shilling his site and has been for months. He uses you to generate keys and uses your computer to sweep the addresses and if something is found it sends the information back to him and he transfers everything out of the address.

He also catches anyone dumb enough to actually search for their own wallet and sweeps that clean too.

You can literally look through the archive to find all the threads he makes. This isn't a fud post he is making it is him trying to scam the shit out of your by getting you to search through trillions upon trillions of addresses and if by chance you come upon something he takes it.

Do not use the site.

[Anonymous No.11985280]

>>11985228
if you use the official client, sure, but there are ways to speed that process up fairly significantly. ironically the poorly thought out syncing/wallet situation is the downfall for monero and other base-layer private coins as second layer networks become the dominant transactionary layer

[Anonymous No.11985283]

>>11985272
well that's shitty

[Anonymous No.11985284]

>>11985116
You'd have to be mathematically illiterate to think this is a legitimate concern

[Anonymous No.11985293]

>>11985116
This shit again...

>inb4 bunch of neets who think they can get free Bitcoin

[Anonymous No.11985295]

>>11985272
looks like he's making bank by force adblocks off to show wallets

[Anonymous No.11985298]

>>11985272

I can transfer it faster than he can

[Anonymous No.11985300]

>>11985116
>(only) 2^256
Ayyyyy

[Anonymous No.11985317]

>>11985298
No you can't because his is done programatically when the keys are generated. Before you even see the page they have been swept and cleaned. With even basic programming skills you can create a program which does exactly what this shit does and run it locally and have no need for the site.

[Anonymous No.11985346]

>>11985317

well then we should have some evidence of this as the address would appear yellow and we could see that it was swept and cleaned at the exact same time you refreshed the page, and what wallet address it was transferred to. has that actually happened?

[Anonymous No.11985350]

>>11985193
It's possible to find a key with bitcoins in it in your lifetime if you use all the resources in the galaxy to build conventional computers to generate keys and check them.

[Anonymous No.11985372]

>>11985116
Scam artist tier fud.

Fuck off

[Anonymous No.11985387]

>>11985346
Go find a random page and transfer 0.1 BTC to it. Clear your cache and reload the page.

[Anonymous No.11985456]

>>11985193
Computer Sience fag here who took crypto.

2^256 is about 1.15 * 10^77

for reference, A quick google search told me there are about 10^80 atoms in the universe.

[Anonymous No.11985489]

>>11985456
2 ^ 256 is 258, you fucking poseur

[Anonymous No.11985493]

>>11985456
still, if you have a lot of people looking for a few months they'll cover a significant amount of that.

[Anonymous No.11985498]

>>11985493
This has to be a joke

[Anonymous No.11985511]

>>11985493

This is bait

[Anonymous No.11985527]

>>11985493
/biz/ confirms itself as the lowest-IQ board once again

[Anonymous No.11985529]

Bitcoin (and most other crypto) is nowhere near as secure as people think. Since all transactions become public knowledge, it is possible to analyze transactions and (if desired), identify individual account holders based on their spending patterns and locations. The only thing holding back a government from doing this is the desire to do it; and I suspect that in the future you will hear more cases of accounts tied to illegal transactions being captured and drained (though they will make up another excuse of how they found the account to avoid blowing the fact that they are simply using backwards induction to find them).

At the same time, public key encryption also has a major weakness, since we are rapidly approaching the time when every possible public key can be derived by inputting potential private keys. In the past, there wasn't enough computational power to do this; but if, for example, the bitcoin mining community were to work together to do this, they could complete the lookup table in roughly 9 months and then it would be good forever.

At this point, I'm going to get a lot of replies about how I don't know what the hell I'm talking about; but some of you might want to take my word for the fact that I know a lot more than some think.

[Anonymous No.11985535]

>>11985116
I thought somebody tried this on one of their wallets with a small amount of ETH and the system reported the key try failed, but then the system transferred all the ETH out to itself not telling the key guesser it was successful.
So pretty much scam.

[Anonymous No.11985545]

>>11985489
LMFAO

>>11985493
completely insignificant. Imagine i tell you there's some atom somewhere in the universe and to go find it. Even though it's technically possible, you wont. ever.

The US gov encrypts stuff with AES256 and its the same thing. If you want to read their shit and you had a super computer (assuming this is russia or some shit) - You'd be able to read it in about 100,000 years if you ran it the whole time. ( i believe thats the number that was mentioned in class.) Think about it this way - if the government was AT ALL worried about anyone ever cracking one of their crytokeys they'd just up the key size until its beyond unfeasible to guess it. 2^256 is beyond unfeasible.

The website that OP linked is completely fucking retarded. Only thing im wondering is if its clickbait or just made by a complete fucking retard who thinks he produced something useful.

[Anonymous No.11985561]

>>11985529
>they could complete a 2^256 lookup table in roughly 9 months

[Anonymous No.11985583]

>>11985529
>Bitcoin (and most other crypto) is nowhere near as secure as people think. Since all transactions become public knowledge, it is possible to analyze transactions and (if desired), identify individual account holders based on their spending patterns and locations. The only thing holding back a government from doing this is the desire to do it; and I suspect that in the future you will hear more cases of accounts tied to illegal transactions being captured and drained (though they will make up another excuse of how they found the account to avoid blowing the fact that they are simply using backwards induction to find them).

this has nothing to do with cryptography and isn't bitcoin's fault

>At the same time, public key encryption also has a major weakness, since we are rapidly approaching the time when every possible public key can be derived by inputting potential private keys. In the past, there wasn't enough computational power to do this; but if, for example, the bitcoin mining community were to work together to do this, they could complete the lookup table in roughly 9 months and then it would be good forever.

this is a systemic risk of all cryptocurrency and there are ideas and practical solutions for how to fork away from that already.

try again

[Anonymous No.11985592]

According to forkmonitor.info, bitcoin has a total work of about 2^90 sha256 hashes. (Or sha256d which would only be 2^91 sha256 hashes; not sure what the website is tracking).
That's 2^(90-256) ~=10^(-48) percent of 2^256.

Now, checking a private key x requires an expensive (much more expensive than a single hash) multiplication xG to get the public key and two hashes (ripemd after sha256) to get the address. So testing a private key is A LOT more expensive than hashing a block.
If you had tested as many keys as miners have hashed blocks, then you would still only have tested ~10^-48 percent of all private keys (a bit more because not every number between 1 and 2^256 is a valid private key).

[Anonymous No.11985602]

it would be far easier to break sha256.

it would take longer than the lifetime of the universe to brute force all these keys.

[Anonymous No.11985609]

Wow thats alot of numbers i bet it would take hours to look through all of them without help

[Anonymous No.11985611]

Is it blackhat if I break this?

[Anonymous No.11985617]

>>11985583
>this has nothing to do with cryptography and isn't bitcoin's fault

It kind of does. It is a side effect of having a public ledger; and it's something people really need to consider.

There are a lot of people out there who think "I have an anonymous address, therefore I can do a lot of illegal things without being caught".

This is simply not the case, and the public ledger is the reason for this. When a person hands over a briefcase full of cash, the transaction can be secret, permanent, and fleeting. When you have a public ledger, all transactions are public, and can hang around your neck forever.

[Anonymous No.11985634]

>>11985272
/Thread

[Anonymous No.11985636]

>>11985545

There is a reason you will never be rich or happy.
Let me guess, your too smart to understand, huh?

What a loser

[Anonymous No.11985640]

>>11985228
thank you comfy riccardo

[Anonymous No.11985645]

i bet i could do it faster than you can but it looks like a pain in the ass

[Anonymous No.11985646]

>>11985456
that's a big site... few quadrillion times bigger than the internet.

[Anonymous No.11985661]

>>11985116
you could just find the next block instead much, much easier

[Anonymous No.11985667]

>>11985272
actually, the only time he ever gets anything is because someone was dumb enough to enter their own private key, or someone intentionally sends coins to addresses derived from listed private keys. He has never actually found anything, and never will.

[Anonymous No.11985668]

>>11985636
Well man, i guess theres a lot of keys out there. If you think you can start guessing numbers starting from 0 to 2^256 then you'd better get started

[Anonymous No.11985670]

>>11985592

If someone is creating a new account...

1. How long does it take to generate a new public/private key pair?

2. Is this something that can be done with code at their location, or is this something that must be done through a controlling organization?

(I'm asking for a reason)

[Anonymous No.11985815]

>>11985529
>since we are rapidly approaching the time when every possible public key can be derived by inputting potential private keys

We aren't rapidly approaching shit.
and if we were, we'd just double the key size. And no, a doubled key size doesnt take twice as long. increasing the key from 2^256 to 2^257 would take you twice as long.

[Anonymous No.11985884]

>>11985815

Answer this >>11985670 and I will explain further.

[Anonymous No.11985897]

>>11985493
tell me you're joking

[Anonymous No.11985904]

>>11985489
THE ABSOLUTE STATE

[Anonymous No.11985912]

>>11985489

[Anonymous No.11986024]

>>11985272
This is a pretty smart scam lmao

[Anonymous No.11986098]

>not using an ethereum address gen with 30m+ h/s
why would anyone use this?

[Anonymous No.11986117]

>>11985609
>>11985529
>>11985602
You faggots need to neck yourselves. Please give an estimate as to how many combinations you can try in a single day on earth's best PC. Now try to reach the 2^256 number you fucking niggers

[Anonymous No.11986130]

>>11986117

Again, answer this >>11985670 and I will continue

[Anonymous No.11986301]

>>11985545
>Imagine i tell you there's some atom somewhere in the universe and to go find it.
Not too hard if that atom is inside your mom by pure chance. Randomized addresses are weakness