/biz/ - Business & Finance

>>14098312
you have no idea how retarded you sound to anyone that knows the math on this. you gonna mine private keys and hope that the universe lives long enough to crack one?
this is the whole fucking god damned point of crypto.

>>14098334
??? there's already a project which have cracked several private keys...

>>14098371
no there isn't lmao

>>14098334
??? there's already a project which have cracked several private keys.
keys.lol (yes, that's a real link)

>>14098402
https://lbc.cryptoguru.org/

>>14098334
Could someone explain this to a brainlet? Let's say that moore's law continue and we are in the year 2069. How long would it take to crack a private key if I have a top notch gaming rig? What if I have a small scale datacenter? Just trying to get a grasp on this

When craig ends up in jail will we still have craigposting?

>>14098422
LOL
and how much time for your collision to happen, faggot?
go ahead, try to collide with a gigantic whale address full of BTC
I can input a full public key on a vanity generator and hope it finds it before I am 5 trillion years old

good fucking luck

>>14098429
Without quantum computing, instead of trillions of years, maybe billions of years.

>>14098457
quantum computers?

you really must be retarded to be not informed at all

>>14098483
schizo talking about something that doesn't exist
go ahead and use your quantum asshole to decrypt this
1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s
LOL

>>14098529
IBM Expects Commercialization of Quantum Computers in 3 to 5 Years
https://interestingengineering.com/ibm-expects-commercialization-of-quantum-computers-in-3-to-5-years

>>14098555
>IBM
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

>>14098407
There are only two options, what can explain such a stupidity.

1) you are to young to even understand the whole topic

2) you dropped out of high school.

>>14098588
>>14098619
delusionals get butthurt when shown facts... not even your biggest cuck holds btc...

>>14098645
wake up.

IBM cannot engineer a printer nowadays.

"it only has to work once"
just imagine the 1 in a jillion chance you actually mine an address with a bunch of crypto

>>14098312

Craig here. The plan is to implement OP_ANYONECANMOVE such that anyone, anywhere can spend any coin that hasn’t moved in, say, one year and one day. Don’t like it? STIFF

>>14098429
https://www.youtube.com/watch?v=S9JGmA5_unY

>>14098312
How do you determine a key is lost? Or are you suggesting they're working on a way of stealing peoples private keys, in which case crypto is dead

What if someone is just storing their bitcoin long-term and doesn't want to touch it for years?

>>14098766
BSV won't allow to do that apparently, there is no freedom in the liar fork

>>14098656
you will have a very rude awakening...

>>14098312

Yeah sure, there are more possible combinations than there are atoms on earth. See you in about 6000 quintillion years per adres.

>>14098757
Of course. People have been working on it from day one.

The approach is to exploit bad key generation. The security argument is led by the large keyspace making collision unlikely but factually many attacks were done with success because the keygenerators used in reality only a small section of the keyspace.

>>14098801
lmao the Chinese will have quanum computer first.

How does it make you feel that Hal Finney's million BTC will be socialized and equally distributed amongst the poor under the State control.

>>14098888
>equally distributed

>>14098645

my boy, after so many years, there was only one private key that was found. All other reported "lucky ones" are basically some attention fucktards.


here is the link:

https://bitcointalk.org/index.php?topic=1573035.msg16523548#msg16523548


this is the service, that found the key:
https://lbc.cryptoguru.org/stats

keys per day: 18.31 tn
total keys generated: 37966.45 tn

they are "mining" keys since 3years or so.


Every other key they have found so far are puzzle private keys

>>14099094

++ in addition, they returned all funds:

2017-03-30 01:18:00 UTC

The pool found a private key to 7d89ad89cd10a3867b8f6bfc803838fa101b598b (1CSnQ1LnY37rwz8ezJn5xQrCrifZxExpWV) as 0x5e1667c899783. At the time of the find, there were 0.00001 BTC on that address.The funds were transferred to custody at 1Dg1XnH9BLKFf4XrWioYsxDJjSxr996Miq . See the announcement and the modalities of the return of the funds to their rightful owner here.

>>14099128

I can confirm this. I was the pool member who cracked this address.

>>14098312
yea this shit doesn't make any sense at all. only way to implement it is to put code in that automatically transfers coins from old address after a set amount of time. also now hes backtracking on "protocol set in stone". so much for that eh?

>>14099094
he said "can't crack one"
i said that's wrong because it already happened.

thanks for confirming it, low iq corecuck

>>14098739
Kek