gbale
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Activity: 120
Merit: 1
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October 06, 2019, 08:51:19 PM |
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Wow, I've thought about it, I even tried, but it never worked, then I thought, that this is actually the basic thing that maybe most people have thought like that, so basic things like this seem to have been overcome by the wallet developer,
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zenhu
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October 06, 2019, 11:20:01 PM |
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I think its need long time to get million dollar wallet by brute force phrase, then every owner of those wallet knowing well how to protect their assets. The developer wallet made it secure, they know what upcoming problem with every wallet address, so I think its impossible to get million dollar by typing 12 pattern words.
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Zeke_23
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October 07, 2019, 01:00:57 AM |
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Wow, I've thought about it, I even tried, but it never worked, then I thought, that this is actually the basic thing that maybe most people have thought like that, so basic things like this seem to have been overcome by the wallet developer,
It will never worked. Hacking a wallet is not as basic as using a random words generator. Wallet was not created just to easily hacked by any individual out there. Wallet has their own generator which they are the only one who can generate those kind of random words/letters.
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btc78
Full Member
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Activity: 2492
Merit: 212
Eloncoin.org - Mars, here we come!
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October 07, 2019, 01:12:07 AM |
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So there are 12 words chosen from thousands to recover any wallet.
Yes it is If you iterate through random word combinations you will eventually generate a wallet that exists, correct?
Correct also I know the number of combinations is astronomical. But in theory if you keep generating random phrases, you might eventually stumble upon a wallet holding millions?
Goodluck to your career mate,12 words combinations astronomically is impossible to find and you are expecting to find a Million holding? Kindly update us here if you found one please?but isn’t it Hacking?which prohibited and not a humanitarian action.i think just let it go ..
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qomariah95
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October 07, 2019, 01:32:15 AM |
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Does anyone here do what @OP suggests? That's really crazy, if you do it. Yeah, I just believe in that kind of thing. It's just how much time you spend doing it. Will it be comparable to what you will get.
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asus09
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October 07, 2019, 01:54:45 AM |
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You can back up your wallet by using passphrase, you should save your passphrase world when you want to access to your wallet you have submit passphrase, its better keep your wallet save from hacker because they can't hack your wallet without have passphrase, other way you have use private internet.
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akungagal
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send and receive money instantly, with no hidden c
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October 07, 2019, 03:36:44 AM |
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It will never worked. Hacking a wallet is not as basic as using a random words generator. Wallet was not created just to easily hacked by any individual out there. Wallet has their own generator which they are the only one who can generate those kind of random words/letters.
yup! that's right. it is not possible for a wallet to be easily hacked by someone. if someone intends to hack into a wallet by matching all random letters, i think it will take a very long time and it is almost impossible for anyone to be able to open it without permission from the wallet owner.
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South Park
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October 07, 2019, 06:38:05 PM |
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This is the first time am hearing such, but thinking about it, it is practically impossible else many wallets would have been compromised. Come to think of it, how long do you think it can take generating those words? I have seen backup phrase whose words kinda looks different, so in such case how can you generate other words.of such wallets. I think the algorithm for these wallets are built in such a way that no one can guess the words which makes it difficult to access any wallet without the right words. If this is actually possible, many people would have gotten involved as scammers are always hunting.
You have not heard of it because no one can realistically pull off an attack like that to any wallet, it could be possible if you knew the order of most of the words of the seed phrase, but if you have no idea of the order and the words in the seed phrase then it is going to be almost impossible to find any wallet with any amount of bitcoin, any person thinking that they can earn a lot of money doing that is just deceiving himself and it will be better for him to put his efforts towards something else.
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Nerd-Labs
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October 07, 2019, 06:42:23 PM |
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do you mean a hardware wallet?
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adaseb
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Merit: 1709
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October 07, 2019, 06:49:08 PM |
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do you mean a hardware wallet?
Hardware wallets and most software wallet generate keys by a 12 or 24 word mnomonic. They do this because it's easier to save 12/24 words on a piece of paper for backup than some random long lower and upper case letters and numbers. Your bitcoins are fully safe however. It's almost impossible to crack even the 12 words because there are over 2000 combinations for each word and also the order of the words is important. If it was 6 words then it would be very insecure and easily crackakle but 12 words is near impossible.
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atjiat
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October 07, 2019, 06:53:37 PM |
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do you mean a hardware wallet?
Hardware wallets and most software wallet generate keys by a 12 or 24 word mnomonic. They do this because it's easier to save 12/24 words on a piece of paper for backup than some random long lower and upper case letters and numbers. Your bitcoins are fully safe however. It's almost impossible to crack even the 12 words because there are over 2000 combinations for each word and also the order of the words is important. If it was 6 words then it would be very insecure and easily crackakle but 12 words is near impossible. You are absolutely right, because writing words on a piece of paper is much easier than a multi-digit secret key. That is why I still use the Coinomi wallet mobile app, although it is much weaker than the hardware wallet. Nevertheless, I believe that secret words are the best way to secure your wallet.
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Moeda
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November 07, 2019, 07:46:40 PM |
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So there are 12 words chosen from thousands to recover any wallet.
If you iterate through random word combinations you will eventually generate a wallet that exists, correct?
I know the number of combinations is astronomical. But in theory if you keep generating random phrases, you might eventually stumble upon a wallet holding millions?
Yes, I think a wallet with keywords relying on 12 words is much easier to hack. Because to randomize 12 words is very easy. If we have ever studied mathematics about Random Number Generators, of course we will find words that can open the wallet.
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Starfranko
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November 07, 2019, 07:54:42 PM |
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So we are assuming that the possibility is there but how many trials is gonna make that happen , millions of times, who had time for that
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