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281  Bitcoin / Bitcoin Discussion / Re: Solve a riddle, guess a 4 char password and add 10 BTC to your xmas stocking! on: December 26, 2012, 11:31:14 AM
Not sure if you guys have already been doing this but if some basic stats (such as the total # of attempts each of you have tried) could be published then I think that would be very useful (after it has been cracked of course).
200+ salt variations tested.

Kill me now.

I've been running this since yesterday. Been aware of the echo newline injection and the JTR limitation from the get go.
282  Bitcoin / Development & Technical Discussion / Re: A valid criticism of Bitcoin's design? on: December 24, 2012, 10:08:46 PM
This company claims it's not just theoretical (but I think those "quantum computers" - if they're real - can't break ECDSA right now): http://www.dwavesys.com/en/products-services.html

D-Wave produces an adiabatic quantum computer with a lot of limitations (high noise and error rate). It can only solve particular problems that are solvable by quantum annealing with very high error rates, such as protein folding. Running Shor's/Grover's algorithms with that amount of decoherence would produce nothing meaningful. And I'm not even sure you could construct Shor's algorithm in such a way that it runs in a D-Wave computer because their implementation is very specific and not general purpose.

TL;DR decoherence fucks you up

And as others have said, classic cryptographic algorithms that are impervious to quantum computers do exist. It is the general consensus that quantum computers will never be able to solve NP-hard problems. If a quantum cpu is close to factoring large numbers everyone will see it coming, and new algos will be implemented pretty much everywhere, not only for Bitcoin.
283  Bitcoin / Bitcoin Discussion / Re: Safe way to generate paper wallets on: December 23, 2012, 09:04:08 PM
You don't have to like Armory, I just don't know why you wouldn't try it first, since it was designed for precisely what the OP requested.

I do like Armory. In fact it has been my client of choice for quite some time. But the absolute safest way (we're talking maximum paranoia here) is to use the openssl lib offline on a livecd after verifying the ISO's hash.
284  Bitcoin / Bitcoin Discussion / Re: Safe way to generate paper wallets on: December 23, 2012, 10:21:18 AM
My last post got me to thinking about what is the very least amount of code to generate private keys completely transparently - where you could see in one glance that nothing is possibly amiss.

And so I took that keyconv program and hacked it into a very simple single text that anyone can paste into a file and compile. Just the math and here it is:

This is the best solution I've seen so far.

There's nothing wrong with bitaddress.org but it will take ages to go through the code. Especially the ECDSA math.
285  Economy / Service Discussion / Re: BitMarket.Eu - ownership changed (in a way) on: December 22, 2012, 01:52:05 PM
"Hedge funds"




I think the best methods here is try to restructure the debt as soon as possible. tell the users exactly how much the black hole is, and change the unit of debt from bitcoin to fiat money. If you owe 20,000 bitcoin, then it's about 260,000 USD. You can sell the site's code for thousands of USD, and give people serious commitment that you owe them such amount of money. You're live in Europe and if you work and save hard enough, it is possible that you can pay them back in 3 years.

Pay them back out of the goodness of his heart? Never going to happen unless he is forced to do so by the legal system. 260k is a boatload of money to pay off in a country where the average monthly salary is $1.2k. If by work you mean bitcoin related projects then I don't see how can anyone trust him with their money ever again.
286  Bitcoin / Project Development / Re: Bitcoin Off-The-Grid (BOTG): secure savings script v0.1.1 on: December 18, 2012, 03:23:17 PM
There's lots of ways to generate bitcoin addresses and you just need to pick the one that works best for you.  If using this script gives you the right mix of comfort and convenience, then this is the method for you.

It will be nice when generating bitcoin addresses is a feature as standard as creating a new text file or subdirectory.
I'm particularly worried by the "recreate key if hexsize != 64" deal. Won't that effectively reduce the keyspace? I know it won't be much but still.
287  Bitcoin / Project Development / Re: Bitcoin Off-The-Grid (BOTG): secure savings script v0.1.1 on: December 18, 2012, 02:50:52 PM
I hope my post isn't considered a necro but this method needs more exposure and most importantly more scrutinization (is that even a word?) by people who know the internals of bitcoin.

There should always be a secure way to create addresses offline with readily available tools in a standard linux distro. Since the privkey is generated by a single openssl command, you know 100% that it hasn't been tampered with. As opposed to trusting a website and downloading a program from it.

Am I too paranoid?
288  Other / Beginners & Help / Re: Bitcoin scams on: December 17, 2012, 01:14:01 PM
Welcome to Bitcointalk.
Where men are women,
women are men,
and 14 year olds are SEC agents.
289  Other / Beginners & Help / Re: BFL did lie about their ASIC! NEW info. on: December 17, 2012, 01:06:48 PM
looks real to me
290  Other / Beginners & Help / Re: Question: bitcoins and iOS on: December 17, 2012, 01:01:16 PM
It's an exercise in futility but look into javascript clients.
It would be funny to see how many hashes/sec javascript clients can get on an iphone/ipad.

I predict no more than 0.00001 BTC per month (and your battery gone within an hour)  Grin
291  Other / Beginners & Help / Re: We shouldn't recommend the Satoshi client to new users on: December 16, 2012, 05:24:51 PM
It is important to consider the needs and desires of the user before recommending anything.  If I told you I was thinking about purchasing a vehicle, and was looking for some advice about which type of vehicle to buy, would you recommend a coup, sedan, SUV, pickup truck, or sailboat or motorboat?

To just arbitrarily recommend a wallet (or vehicle) is a silly thing to do.  You are assuming that the person asking for advice will be using that wallet (or vehicle) in exactly the same way as you.

The better options are to either:

Take the time to figure out exactly what the person asking needs/wants, and then recommend based on that information.

or

Assist the person in learning the benefits and shortcomings of each option so they can make an educated choice for themselves.
Hence my "average joe" comment. I should have said "your average non-technologically inclined person". I'm just talking about the average user that uses the internet for facebook and/or buying things online once in a while.

It is pointless to explain the internals of Bitcoin and cryptography to a person like that. Trust me I have tried. However, my knowledge in both topics is quite deep. Therefore I think I am in the position to make that decision for them and if they trust me they will follow my advice.

In that case, what I do mention to them is that a web wallet should only be used for micropayments and that all BTC transactions are irreversible unlike credit cards.
292  Other / Beginners & Help / Re: How did you find out about Bitcoin? on: December 16, 2012, 04:44:12 PM
Slashdot, around 2 years ago.

I wish I rode the initial mining wave Tongue
293  Other / Beginners & Help / We shouldn't be recommending the Satoshi client to new users on: December 16, 2012, 04:36:16 PM
Why? It's so inefficient and provides a poor user experience.

Power users and developers will understand the need for it to download the entire 3.5GB+ blockchain, however the average Joe will not.

I understand that the 0.8 ultraprune client will reduce first run time to 30 minutes, however that is not enough. Until the official client is snappy enough and has a sleek & sexy interface (think Electrum on MacOS), I will be recommending Electrum/Armory or web wallets like BlockChain/Coinbase to people who ask me about Bitcoin.
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