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Actually, hack is the last label one ever could find appropriate for brute forcing hashed public keys. A lot of literature out there showing how dumb it would be attempting such an attack. And it is brute force, clueless naive brute force, forget about AI and QC, neither of the two would be of little help in this context.
I prefer the first two methods. Keep generating as many key pairs as you can and wait. As much chance of getting lucky as solo mining.  |
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None of your points really attacks bitcoin. And even less these are ways to 'hack' bitcoin.
What you are trying in point 1 and 2 is to attack math. That's something completely different. Senseless.
Point 3 and 4 don't make any sense either. You can't guess anything. That's not how it works. These are basically 'funny ideas' but not worth anything.
Also, people seem to believe that an AI is some kind of magic omniscient brain. That's not true. In the end, that's just IF-statements.
And quantum computer aren't magic machine either.
Optical recognition software will take a stream of 1s and 0s and can tell you if the picture they represent includes a face or a car (or whatever). You give it enough data and it can find patterns. |
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I'm bored. How many different ways could there be to hack Bitcoin? I know it unlikely so don't bother telling me how unlikely it is. I want ideas.
1 - Start generating random pub/priv key pairs and their addresses. Keep a record and check them every now and again for transactions.
2 - Get a list of every word in the dictionary. You can generate keys using "phrases" as a seed. Try all the words and then all the combinations of words. Just like my Blockchain wallet.
3 - Take the output from point 1 and run it through some sort of neural net AI type thing. See if you can subconsciously train it to guess the keys for addresses.
4 - Like point 3 but with a quantum computer.
Any more?
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From the first email.
"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling. If you're interested, I can go over the ways it would cope with extreme size.
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I don't anticipate that fees will be needed anytime soon, but if it becomes too burdensome to run a node, it is possible to run a node that only processes transactions that include a transaction fee. The owner of the node would decide the minimum fee they'll accept. Right now, such a node would get nothing, because nobody includes a fee, but if enough nodes did that, then users would get faster acceptance if they include a fee, or slower if they don't. The fee the market would settle on should be minimal. If a node requires a higher fee, that node would be passing up all transactions with lower fees. It could do more volume and probably make more money by processing as many paying transactions as it can. The transition is not controlled by some human in charge of the system though, just individuals reacting on their own to market forces."
LOL!!!!
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Hi, can you do the letters in other colors? for example blue?
Yeah. What shade? Also need to do a white for the dark t-shirts. |
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Here are some pics  Any other coins or designs you would like? |
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Don't you think price blast not correlate with its real life usage since its inception?
Its hoarded for speculative purpose but how many major cities in the world have even its ATM?
I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?
Who will accept it in store when confirmation time is so long.
there are now many people who are using bitcoin in their daily lives, I am one of the people who adapt it because it is user friendly and my life is now easier than before. Actually, the government in my country legalize it and people can freely use it in different transactions. How are you actually using it? |
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Can you stop calling Bitcoin an investment?
No, because you can't do anything else with it. |
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1 - Start ICO
2 - Get investors details
3 - Save in a file called SUCKERS.TXT
4 - Sell on the darknet
5 - Profit!!
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How does the blockchain technology apply to the real world service? If I would like to have a blockchain technology on a supply chain service, which means under this technology, each block contains all the logistics information like storing a transaction from Singapore to Hong Kong right? So then it is just act like a database but just public can view it? then why should I necessary to develop such a service on blockchain but not continue using centralized database technology, only allow permission for beneficial stakeholders?
Please correct me as I am having a very messy concept on this topic right now.... Thank you~!
If a logistics or a supply chain company will adopt and used blockchain technology, it might not be public, it will be privately control by the company itself. And yes you are right that is like a database of sort. The main difference though is that Database can be manipulated while once the block is written it can't be altered. So it prevents creating duplicates and data is validated instantly. Another advantage is again since data can't be altered, so it allows the traceability of data from the front end up to the release of the product so its tamper proof guaranteeing the integrity of the product itself. And just think how quickly the blockchIn would grW to an unmanageable size. With a database you can archive old data. |
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I think NEO is with smart contracts. There may have some other. And some other tokens are made with smart contract who will enter into market soon.
That looks like the one I want. |
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So here is our idea. There are lots of apps/games out there that involve collecting things. Quidd and Topps are just two. Now people want to trade across apps and Topps can't even let them trade between its own apps. This is where our project comes in. Our chain will hold cards and trades from all the different companies, therefore giving them a standard base and allowing different users in different apps to trade different cards between them. We start with cards, and move onto other collectables. An art gallery could use it and Banksy could release an Edition of a print on it. You buy it, you own it and you can trade it. You could even chip in with your friends and buy a % of something. That can only be sold if everyone agrees. You could even give things away.
Tech wise we are thinking of forking Ethereum and running it as a semi-private blockchain. Every company that participates runs a node and so everyone verifies each others trades. We don't want to run it ON Ethereum as there is no need. We don't care about other Dapps and the less 'other' work our blockchain does, the faster/cheaper/smaller it runs. Semi private as we don't mind the public seeing the data but only authorised companies can change it. Users would have an on chain ID which could be tied to the 'user' for each app. We see ourselves as 'hands off' middle men. We get paid to keep the system going but we don't actually process anything ourselves. Still working on the business model.
The coin itself will be called something like Trade (or something like that). We would be reluctant to put it on an exchange as it is purely a back end coin. It would be used to pay for the processing of transactions. The apps would take payment in £ and $ and buy trading capacity. If Joe Public had some they couldn't do anything with them. We also want to keep it as stable as possible. Does that defeat the whole point of an ICO?
What does anyone think?
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As well as the coin itself, you are going to build the video and picture sharing sites, the news site, the marketplace as well as all the apps and things that go with them? good luck.
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This is attributed to the low block size and the number of transactions that each blocks can accommodate over a stipulated time frame. Not to forget that miners would want to first process transactions with high fees thereby those with low fees would lag behind. If we have this huge pool of miners out there, then why are transaction speeds so slow? Surely the more miners, the faster it should go. If not, there is something fundamentally wrong with the algorithm.
Can miners choose which TXNs they mine? |
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I commend your critical thinking process. In regards to supply chain, the purpose for blockchain to replace a database is simply irrevocable data. You can't alter blockchain whereas you can always fudge a number or two in a database. Can't keep track of missing shipments of expensive handbags etc. So in regards to supply chain, it's a great idea and a great example of blockchain in the real world.
It also means you are storing every state of every thing in the supply chain. There is one transaction for it leaving the warehouse (status = "in transit") and another record for it being delivered (status = "delivered"). That could be a silly amount of data compared to setting a flag, in a record, in a database. |
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So here is our idea. There are lots of apps/games out there that involve collecting things. Quidd and Topps are just two. Now people want to trade across apps and Topps can't even let them trade between its own apps. This is where our project comes in. Our chain will hold cards and trades from all the different companies, therefore giving them a standard base and allowing different users in different apps to trade different cards between them. We start with cards, and move onto other collectables. An art gallery could use it and Banksy could release an Edition of a print on it. You buy it, you own it and you can trade it. You could even chip in with your friends and buy a % of something. That can only be sold if everyone agrees. You could even give things away.
Tech wise we are thinking of forking Ethereum and running it as a semi-private blockchain. Every company that participates runs a node and so everyone verifies each others trades. We don't want to run it ON Ethereum as there is no need. We don't care about other Dapps and the less 'other' work our blockchain does, the faster/cheaper/smaller it runs. Semi private as we don't mind the public seeing the data but only authorised companies can change it. Users would have an on chain ID which could be tied to the 'user' for each app. We see ourselves as 'hands off' middle men. We get paid to keep the system going but we don't actually process anything ourselves. Still working on the business model.
The coin itself will be called something like Trade (or something like that). We would be reluctant to put it on an exchange as it is purely a back end coin. It would be used to pay for the processing of transactions. The apps would take payment in £ and $ and buy trading capacity. If Joe Public had some they couldn't do anything with them. We also want to keep it as stable as possible. Does that defeat the whole point of an ICO?
What does anyone think?
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