Pooled BRUTFORCING of wallets

[PrintMule]

The idea goes like this:

A pool similar to your mining pools, it uses your free cpu time to bruteforce some wallet. There are 2 modes, dictionary and string search. People mining are submitting shares as in your usual mining. When the password is cracked people get percentage paid out according to their shares submitted and the mode they were using. If password was found by dictionary search - then dictionary using miners will benefit and vice versa.

Now the wallets for bruteforcing are not chosen randomly. The main criteria is the age/ACTIVITY of a wallet, and the second criteria is the amount of BTC in it.

For example we should try to brute a most INACTIVE wallet (with a possibility that it's a forgotten wallet, which would be great). Let's say that we start from 6 months old wallets. If you are concerned that someone will brute your address - you should move some dust from your wallet, time to time. Of course we should target the biggest wallets amongst those inactive, but that's up for debate, cause most lost wallets have very little in them. It's all about profitability of that spent cpu time.

Also there should be some threshold, if the password was not cracked for X work/time then it should lose priority and be set away for a different time.


I would not start this poll, and already made up this pool if I had the technical capabilities. Instead I can only dream about it here. What are your thoughts, guys? Don't say to me that it was discussed before I've searched previous to posting.

[1715076980]

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[rme]

Bruteforcing 2¹⁶⁰...

Good luck at the pool  


1461501637330902918203684832716283019655932542976 possibilities 

[Barek]

https://bitcointalk.org/index.php?topic=325678.0

[cfrm]

so, basically what you are suggesting is organized theft.

[Barek]

More like organized wasting time.

[PrintMule]

so, basically what you are suggesting is organized theft.

kinda, but not really.

If you want to minimize the damage - this should get more attention which will probably warn wallet owners. Also everything would be logged and possible to view by everyone.

Finding a lost wallet with 200 BTC in it surely would be a good thing.

[cfrm]

Assuming that it really is lost and not just a person keeping it in cold storage for a longer time, which you can never know.

[PrintMule]

Maybe a brute for hire pool then? For multipurpose queries. Buyer inserts a certain amount of BTC to pay for solving, and workers start chipping away.

[rme]

Maybe a brute for hire pool then? For multipurpose queries. Buyer inserts a certain amount of BTC to pay for solving, and workers start chipping away.

What part of "1461501637330902918203684832716283019655932542976 possibilities" yo dont understand?

 

[PrintMule]

Maybe a brute for hire pool then? For multipurpose queries. Buyer inserts a certain amount of BTC to pay for solving, and workers start chipping away.

What part of "1461501637330902918203684832716283019655932542976 possibilities" yo dont understand?

 

Read closely, I did not write about brute-forcing WALLETS in that post

[vpitcher07]

Even if it is a "lost" wallet, the money still isn't yours. It's still theft regardless. That's like saying you found someones backup cash in their closet in their house; since they're not using it it's yours. If you start doing this you will not only be wildly unsuccessful but look like a fool too. Theft is theft.

[p2pbucks]

  ARE YOU SURE YOU CAN BREAK THE PASS IN A LIMITED TIME ?

[Gabi]

You can't.

[hayek]

So what if the heat death of the universe makes it nigh impossible to brute force wallets.

Obviously if we just pool people together it will work.

Not just a stupid idea, but theft too! How could anyone pass that up.

[kriwest]

If this was possible, don't you think organized criminals would already be doing it on a large scale? And if that was happening, bitcoin would die instantly.

[RoadToHell]

so, basically what you are suggesting is organized theft.

kinda, but not really.

If you want to minimize the damage - this should get more attention which will probably warn wallet owners. Also everything would be logged and possible to view by everyone.

Finding a lost wallet with 200 BTC in it surely would be a good thing.

How is this "kinda" theft?  Taking something of value from someone else without their permission is theft.

I know mods don't delete or react to possible scams on this forum.  However, this is a call to outright criminal activity with most other users of the forum as possible targets.  This user (user id, email address, and IP) should be permanently banned.

[techstorm2]

Good luck Methuselah!   

[teukon]

Finding a lost wallet with 200 BTC in it surely would be a good thing.

Why?

Setting the technical and ethical issues aside, what you are proposing is tantamount to a completely unproductive industry which is forceably funded by bitcoin holders through monetary inflation.

Could you at least hint at how you've arrived at such an unintuitive axiom?

[Rival]

The sun does not create enough energy in 1000 years to power imaginary quantum computers to even give a 50% of finding a private key.

Don't bother.

[PrintMule]

Well, I got the general opiion, thanks everyone.

Although I still think idea of pooled bruteforcing service (of things other than BTC wallets) is a good one.

Locking it up.