I have 217 BTC, what do I do with them?

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American Lotteries are safer than the latest hacking method from BHW. :(

Hacking is not allowed here!! He's trying sound smart but all he has is clickbait video. Damnit


But if you have 24 random words and enter them into 100 million wallets, you might get 1 wallet. It's 1 in 100 million. If those words match one wallet.

It's not hacking we're discussing. We're discussing the security of crypto. I don't think the mods will have a problem with it, but if so they'll let me know.

But, no, it's not 1 in 100 million. Where are you getting that figure from?

There are 100 million wallets, so your chance of guessing randomly by choosing 24 random seed words is

1 in 296427748447529460284341721622241044104371160744039843941011415060257611.88000000000

I don't know how many other ways I can say this.

If you think it's 1 in 100 million then show me the math for that, because it's wrong. If it was 1 in 100 million crypto would be highly insecure and crackable in a few minutes.
 
It's not hacking we're discussing. We're discussing the security of crypto. I don't think the mods will have a problem with it, but if so they'll let me know.

But, no, it's not 1 in 100 million. Where are you getting that figure from?

There are 100 million wallets, so your chance of guessing randomly by choosing 24 random seed words is

1 in 296427748447529460284341721622241044104371160744039843941011415060257611.88000000000

I don't know how many other ways I can say this.

If you think it's 1 in 100 million then show me the math for that, because it's wrong. If it was 1 in 100 million crypto would be highly insecure and crackable in a few minutes.
I'm not even using it on daily basis but

If you have a list of 100 million wallets and you try to recover each using *the same phrase* on each, you increase chances. No?

Just write down 24 random words and enter the same combination to all wallets.
 
I'm not even using it on daily basis but

If you have a list of 100 million wallets and you try to recover each using *the same phrase* on each, you increase chances. No?

Just write down 24 random words and enter the same combination to all wallets.

No, this is not how it works.

Just trust me. The figure I gave you is correct. Bottom line is it's ultra secure.
 
The odds of winning the powerball lottery is 1 in 300 million.

There are around 100 million crypto wallets.

The odds of guessing a correct wallet is

100,000,000 in 29642774844752946028434172162224104410437116074403984394101141506025761187823616

That's 1 in 296427748447529460284341721622241044104371160744039843941011415060257611.88000000000

Do you still think a hacker can get lucky?

If everyone on earth had 100 wallets, then that's still

1 in 296427748447529460284341721622241044104371160744039843941011415060.26
Maths seem to check out but as I said it is like leaving your security to chance hoping your wallet will not be found. That's why I hope seedless tech in crypto speeds up and supports more coins compatibility and windows compatibility since it follows trustless approach and can't be brute forced
 
Maths seem to check out but as I said it is like leaving your security to chance hoping your wallet will not be found. That's why I hope seedless tech in crypto speeds up and supports more coins compatibility and windows compatibility since it follows trustless approach and can't be brute forced

Seedless vs non seedless is irrelevant.

If I give you 10 numbers

1, 2, 3, 4, 5, 6, 7, 8, 9, 10

How does this differ to 10 words?

apple bat carrot fish computer rabbit land space star galaxy

Your understanding of how this works is completely flawed. You need to really study cryptography.

Your statement "seedless wallets cannot be brute forced" is wrong. 100% wrong. There's no other way to say it.

ALL crytography can be brute forced.

Your statement about "leaving your security to chance hoping your wallet will not be found" is also showing a lack of understanding.

I apologize if I seem rude here, but I have to be blunt. It's like you're telling me that 1+1=3 and no matter what I say, you're insisting it's 3.

It doesn't matter if your wallet is found. It's not private. It's not meant to be private. You share your wallet address with other people.

All public keys, regardless of whether you represent them with binary, decimal, hexadecimal or seed lists contain your private key.

All a seed list is, is a representation of every possible private wallet address that is possible.

Let's take a simple example.

3 seed words, with 4 seed word variations.

This gives you a total of 4^3 = 64

This means there is 64 possible wallet addresses.

Imagine each wallet is like a physical wallet, and we put them in a box

You can't see which boxes have empty wallets, and which have actual wallets.

Those wallets have addresses in binary, hex, decimal.

The 13th box in binary is 1101

In decmial it's 13

In hex its 0xd

In octal its 15

Let's say the words are "apple car fish hat"

Each combination represents 1 address.


So the box decimal 13, might be "fish fish hat car"

Does this make it less secure?

If so, how?

It's only a representation that makes it convenient for humans.

It still represents the SAME private key.

Technically the seed list doesn't represent a 'wallet', but rather is input for a deterministic function to generate your master private key, which through key deriviation can then be used to create a path to your different crypto wallets.

But for this example, that's not relevant.

What you are not understanding is that seed lists are only representations. How can you physically have anything, without anything? You're thinking seedless means there's no numerical representation. If there's no numerical representation, then how is there any sort of wallet to begin with? There's just, 0's


I feel like I'm going round in circles here.

It's not my job to education you on crytography. Choose to believe what you want to believe.
 
Spare one te me, and we make a crypto project
 
send it to me i'll double it as i did with many of our clients Our office located in Nigeria
 
Build a glorious statue to god of the skies and thunders, Zeus. You will be blessed.
 
Guys, I have 0 BTC, stop contacting me I Can't Help You...I am not invested in crypto.

Mod please close this thread
 
Sell $3MM worth of it and either live off the interest in a savings account (if you want to be risk-averse) or invest into something else.
 
Sell while its not too late , crypto going to implode soon everyone knows
 
The odds of winning the powerball lottery is 1 in 300 million.

There are around 100 million crypto wallets.

The odds of guessing a correct wallet is

100,000,000 in 29642774844752946028434172162224104410437116074403984394101141506025761187823616

That's 1 in 296427748447529460284341721622241044104371160744039843941011415060257611.88000000000

Do you still think a hacker can get lucky?

If everyone on earth had 100 wallets, then that's still

1 in 296427748447529460284341721622241044104371160744039843941011415060.26
Just wait for quantum computing
 
What the hell are you doing here if you got 217BTC......:)
 
Just wait for quantum computing

No..

Just no. lol

Don't get me started please. I'm so busy. I can't afford to burn another 3-4 hours writing essays on bitcoin and quantum computing! :-)


Let me just give you a conclusion:

Quantum computing will not change crypto at all. There are MANY reasons for this.

But the executive summary is it isn't anything to worry about.
 
No..

Just no. lol

Don't get me started please. I'm so busy. I can't afford to burn another 3-4 hours writing essays on bitcoin and quantum computing! :)


Let me just give you a conclusion:

Quantum computing will not change crypto at all. There are MANY reasons for this.

But the executive summary is it isn't anything to worry about.
I told you about quantum computing. You were warned. Good night.
 
No..

Just no. lol

Don't get me started please. I'm so busy. I can't afford to burn another 3-4 hours writing essays on bitcoin and quantum computing! :)


Let me just give you a conclusion:

Quantum computing will not change crypto at all. There are MANY reasons for this.

But the executive summary is it isn't anything to worry about.
I will ask you this,

Someone got your wallet.dat, they use the insane processing power of quantum computing to open your wallet and take your funds.

You don't find this feasible? there are already people running farms trying to crack open wallet.dats, a lot of them find success.
 
I will ask you this,

Someone got your wallet.dat, they use the insane processing power of quantum computing to open your wallet and take your funds.

You don't find this feasible? there are already people running farms trying to crack open wallet.dats, a lot of them find success.
Source or didn't happen.

I'm not into it but I'm curious.

Going by myself through a large pile of garbage google ranks isn't my hobby these days.

But wallet.dat? You need to have that first. No?
 
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