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! |