Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: andrewboy44 on November 29, 2013, 01:09:41 AM



Title: Does Satoshi hold any power?
Post by: andrewboy44 on November 29, 2013, 01:09:41 AM
Warning... the following questions are probably stupid but I'm curious.  ;D

Since Satoshi made btc does he know how to turn a btc address into a private key?

Does Satoshi have the power to rescue lost bitcoin?




Title: Re: Does Satoshi hold any power?
Post by: Cryddit on November 29, 2013, 01:18:05 AM
We don't believe so.

No cryptographer believes so.

He's not using the NIST curves that probably have backdoors.  He's not using a curve he came up himself with that might have a backdoor of his own design.

So if he can "recover lost coins", it means there's something very important (and broken) that NOBODY BUT HIM knows about EC Curve encryption.


Title: Re: Does Satoshi hold any power?
Post by: franky1 on November 29, 2013, 01:19:55 AM
satoshi put together principles of using Sha256, etc. but satoshi like anyone (currently) cannot crack sha256. all the code is there in plain view of it turning a random number into a sha256 hash and then a few extra bits, a checksum and then that becomes a private/public key.

but actually cracking the cryptography command.. no satoshi does not know how to do this


Title: Re: Does Satoshi hold any power?
Post by: andrewboy44 on November 29, 2013, 01:27:43 AM
satoshi put together principles of using Sha256, etc. but satoshi like anyone (currently) cannot crack sha256. all the code is there in plain view of it turning a random number into a sha256 hash and then a few extra bits, a checksum and then that becomes a private/public key.

but actually cracking the cryptography command.. no satoshi does not know how to do this

Thank you for the information and explanation!