How can one verify that the specific wallets he is using went through the same production process as the ones I might have? Or you might have?
Have him send me 1 bitcoin to my ballet wallet and post that one. I have one unopened we can unbox live.
Hi SatsLife,
Thank you for asking this very important question. I can tell you that for both of these wallets (serial numbers AA009926 and AA012381) were taken from the manufacturing / production process in Las Vegas. In other words, these two wallets were manufactured in the exact same was as the thousands of other Ballet wallets, and went through the exact same process and procedures.
These two wallets were NOT especially made for my hacking contest, nor were they "hardened" for security against hacking.
In fact, what I did was actually made them EASIER to hack, as I fully revealed one of the two critical components for each of the wallets: the BIP38 passphrase, and the encrypted private key.
And to directly answer your question: it wouldn't make sense for me to send you 1 BTC to your Ballet wallet, as that's essentially me giving you the 1 BTC, right?
Or unless you want to return that wallet to me, for my safekeeping, and for me to load some more BTC on it, for a hacking contest?
In any case, the purpose of my hacking contest is to show that:
1) our wallets uses 2-factor private keys, which happen to be made (and generated) in different geographic locations, and that these 2 components don't even come together at all during the manufacturing process.
2) due to the nature of BIP38 encrypted private keys, since the two components were never mixed together, even we, Ballet, have NEVER constructed the private keys for each of the wallets we make and sell.
3) even if someone were able to steal just 1 of the 2 critical components (either the BIP38 passphrase or the encrypted private key), that in of itself is not enough to hack the wallet, as it'll take an inordinate amount of computing power to guess the other part.
Hope that helps!
thanks,
Bobby
Just my 2bits...
I ran an experiment a while back to try and confirm plus understand how to sweep a collectible/physical coin so I bought a few pre and post forked Satoris! I used Ballet wallets to do it based on Charlie's recommendation and I simply cannot come up with enough words to explain how simple, seamless and magical the entire process was. I was so happy with how easy it was and now that even much more time has since gone by since that test experiment I ran I'm now even more confident in using Ballet for many reasons. I'm beyond pleased with my Ballet wallet purchases and love the fact you put this experiment out in the wild for the super savvy people to try and hack. Will be added confidence and security if this passes this huge but necessary test. I remember when I was in Tampa last year and I had explained my experience with Ballet and anonymousminer specifically mentioned something like this right here which is put it out there and if they think it's hackable then let them try! So great work to all of you involved in this! This is a great way to calm some people's nerves. I personally would trust Ballet to peel a high value item if I ever needed to peel something. And if not needed for peeling I love handing a few out to soon to become BTCers
. Wishing everyone all the best!
HK8