I will use 32 bytes per address (2
5 bytes per address) in my response. Storage of addresses will actually take
more than that so rounding to 2
5 is in your favor. I will also give you
binary megabytes, terabytes and petabytes of storage which also works in your favor but makes the math easier.
Or better, just over 1 PB worth of data storage and we managed to nab a few transactions from the blockchain already.
Just an empty claim until you prove it.
1 binary PB = 2
50, 2
50 bytes / 2
5 bytes per address = 2
50-5 = 2
45 addresses, 2
160/2
45 = 2
160-45 = 2
115Which means that for every one of your 2
45 addresses you have generated there are 2
115 addresses you have not.
Next, it has nothing to do with basic math, there is nothing basic about the math behind any cryptographic function.
Multiplication and division, adding and subtracting of exponents is very basic math.
Lastly, who needs 50% of the addresses? if a few thousand people had a few quadrillion addresses each it makes up a large enough percentage that a person is no longer chasing a moving target. It also means that every time you move your bitcoins, you have to wonder...... Has someone got the key for this address?
Not exactly sure what you meant by "a few thousand people" or a few quadrillion addresses so how about 4,096 people each with 16 binary quadrillion addresses?
2
12 x 2
54 = 2
12+54 = 2
66, 2
160/2
66 = 2
160-66 = 2
94So for every one of the 2
66 addresses you have generated there are still 2
94 addresses you have not.
Ask yourself, how many bitcoin supporters are going to feel comfortable with their investment knowing that 15%, 10%, 5%, hell eve 1% of all bitcoin addresses are indexed and monitored. (the fed has already done this, that is where this project stemmed from)
You will never get even close to 1%, lets call it 2
160/2
7 = 2
160-7 = 2
153 addresses,
never.No the fed has not done this.
Imagine everyone involved in crypto currency to date had the ability to randomly generate addresses using the same faulted PSRNG system that 80% of wallets use and fill even 100 gigs of space on a hard drive. How comfortable do you feel with your investment then?
Faulty random number generation is bad, very bad. However it is faulty random number generation, not a flaw in Bitcoin itself. If true (that many addresses were generated using a faulty random number generator) then thanks for pointing that out. I use hardware random number generation so I feel pretty good about it.
Imagine as hard drives and storage become cheaper, As is we are already buying 6TB drives for $190usd. You can already go make a $70 investment and buy a 1TB external. With our software's it would take maybe a week for you to fill it and monitor it in real time. take that multiplied by even a thousand, and growing daily. How comfortable are you with your investment then?
Very comfortable, due to the math showing that is a very small amount of the total address space.
Imagine next year when Segate launches its first 10TB 5,200rpm HDD for only $350. (already in the works) Thats pocket change for most of us here....... You get the point. How comfortable are you with your investment then?
I am working on a 40TB drive, so what? Still nothing compared to the entire 2
160 address space.
If you can honestly say that you still have no worries about your bitcoin after taking all that into consideration, then you sir are an idiot with no common sense.
No, I am an engineer using a hardware random number generator who understands and can do basic math.
Granted we are not giving you the WHOLE story yet, waiting on a few final developments that will make it all more platform neutral and basic user friendly so we are not just talking about it but letting everyone do it. But in summary, about a year ago, we were where you are now. In the very recent past, we have hijacked about 3.3BTC from a total of 5 addresses.
Can't wait for your WHOLE story. Can't wait for you to prove you have moved 3.3 BTC with your method.
Developers who want to join the team and help spread awareness get the source now pending their contributions as well as a basic overview of how it works. The rest will have a beta platform within the next month or so to start cataloging their outputs, in a few months anyone who has some hard drive space that wants to catalog some bitcoin addresses has a chance to play along.
Sure, I am a developer with 30 years experience working on hard disk drive firmware. Send me your information packet and I will take a look at it.
Final disclaimer,
Yes, if we find bitcoins we are taking them but this is not about being thieves. its about making people aware that 75% of the hype about bitcoin security is FALSE, even by the admission of some of the current bitcoin core developers. A direct quote from one of them in a recent interview "It is scary how many people have invested so much money in such a young technology that is filled with security flaws". We ourselves could not possibly steal enough bitcoin to make a difference, but as a community (full of thieves anyways) we could chip away at it and tally up enough hijacked coins over time to force the hand of the developers to assess the important and most prominent security flaws NOW before it drives bitcoin into the ground.
If you want to troll, go for it, we all love a good laugh and 80% of us on this forum are only here to see the dumb stuff anyways. Otherwise, just hang on and we will get you software soon so you can participate and put some of those old no longer used hard drives to good use.
BTW: Yes Hyena's laugh, ever wonder why? THEY ARE THE BIGGEST THIEVES IN THE ANIMAL KINGDOM
Question: why not start a new thread now? What is stopping you?
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