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1  Other / Beginners & Help / Re: Let's break into Satoshi's Vault. on: December 09, 2013, 11:46:17 PM
I'm not brute forcing the key, I'm algorithmically solving for the key.  But I don't think that changes the math at all.

Those words in that context are complete nonsense.

There is no known method of deriving the digest from a hash or the private key from the pubkey other than brute force (unless the algorithm is cryptographically broken and RIPEMD-160, SHA-256, and ECDSA are not).  That is the entire point of hashing algorithms and public key cryptography.   If there was a faster method than brute force the algorithms would be broken.

Not sure what you think brute force means but baring a cryptographic break or quantum computer capable of Shor's algorithm (limited to attacks on known PubKeys only) your options are:
a) brute force
b) see option a.


Brute forcing a private key means to check every possible private key to see if it's the correct one.  That is not what my network would do, but what my network would do is really no faster.

But I've realized an entirely separate problem with my approach: It lets me solve hard problems, but only about 1million times faster than my current computer. Which still is not fast enough to solve NP-complete problems quickly.
2  Other / Beginners & Help / Re: Let's break into Satoshi's Vault. on: December 09, 2013, 11:08:16 PM
I'm not brute forcing the key, I'm algorithmically solving for the key.  But I don't think that changes the math at all.

OK, even if I got all the computers in the world to work together and not duplicate work, it would still probably be impossible to break into a single address.  That's kind of comforting, but now I have nothing cool to do with my altcoin.
3  Other / Beginners & Help / Re: Let's break into Satoshi's Vault. on: December 09, 2013, 10:33:00 PM
I'm working on a distributed NP-Complete problem solver, which I will post about soon.

What do you think would happen to Bitcoin if people knew there was a Bitcoin address hacker out there?  All it takes is 100,000 people working together...

Nothing would happen.  You could have a trillion people/computers working together and it wouldn't make any significant difference.



Well if everyone's so certain that an absolutely huge network of computers all working together still can't break into a bitcoin address, then I'll go ahead and try to make my altcoin.
4  Other / Beginners & Help / Re: Let's break into Satoshi's Vault. on: December 09, 2013, 10:22:39 PM
I do not know the maths off of the top of my head, but there is plenty of it out there if you care to look, but it basically comes down to the chances, even with the number of people mining an "alt coin" of finding an address that has been used would take millions if not billions of years to brute force, so, fortunately for the bitcoin network, it is not possible to find one every week.

I would be using an algorithmic method of cracking a private key, not brute forcing it, if that matters.

Anyway, I really just want to make an alt-coin for my own purposes.  I'm just worried that my alt-coin will break Bitcoin.
5  Other / Beginners & Help / Re: Let's break into Satoshi's Vault. on: December 09, 2013, 09:52:48 PM
Not a bot net.  An altcoin.

But more importantly, what do you think would happen to Bitcoin if there was a network out there breaking into 1 address/week or so?
6  Other / Beginners & Help / Let's break into Satoshi's Vault. on: December 09, 2013, 09:45:52 PM
I'm working on a distributed NP-Complete problem solver, which I will post about soon.

What do you think would happen to Bitcoin if people knew there was a Bitcoin address hacker out there?  All it takes is 100,000 people working together...
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