coldcard got hacked and people are losing all their bitcoins
>>62551128interesting. never heard of either.
what's a bitcoin? is it like.. a chimpanzee?
Same shit as always, they probably won't even bother to roll out some poor jew to take the fall either, it's just more of the same lmao
>>62551128can someone explain how the hack is happening? if the wallet is air gap and leaked with vulnerabilities dont they have to be infected to get access to the wallet? since they arent stored on a central server? they are stored locally with transfer mechanisms to convert bitcoin private keys to a custom phrase that is situationally specific to the wallet type? help meeeeee
>>62551624No such thing as a private digital coin, glowniggers run all of it and they're broke so give up the cash cucks
>>62551624from what i read its supposed to have some fancy way to generate your private seeds... there was a bug and it didnt use this way and used this crappy way instead for some reason since a certain firmwire.. so yea some AI thing found a way to recreate this crappy way. If coldcard was more popular ud have people accidently generating into each others wallets. People who imported or made their own seed with dice roll method were not affected
>>62551624In a nutshell when the wallets were generated the system that was used made the generated words were more easily predictable and thats how these wallets were exploited. I'm pretty sure it was like a brute force with a cheat sheet.
>>62551128The fact that so many of you retards are using this shit without even understanding the basics of public key cryptography is legitimately shocking to me.
>>62551636I thought theyd use quantum computers as an excuse to steal people's money, maybe they'll pull that card a little later
>>62551643From the other thread>generate public key from private key in a weak way.>private key is now possible to brute force from public key because the search space is much smaller than it should be>method: encrypt a piece of text with public key. try and decrypt with the guessed private key. did you get the text back? if no, move on to next key. if yes, you now have his private key.If the public key was created using a sound method, the number of tries you'd need to get that private key is so astronomical it just isn't possible. But if you fuck it up, the number of tries (the search space) is way way way smaller. Still big, but possible with enough brute force. Coldcard fucked up the initial generation. No haxoring or connection to the internet required.
>>62551644They will. One of the vanishingly small things quantum computers will be legitimately good at is getting private keys from public keys, EVEN IF the generation is completely sound. That impossible search space becomes possible. That's all there is to it.
>>62551653No such thing as a quantum computer but you glowniggers will make shit up anyhow, fuckin homoshlomos
>>62551661I'm not saying they will ever work or not. But one of the very few things they've been shown to be capable of is running Shor's Algorithm, which essentially extracts private keys from public. If they get one actually working, that's the ballgame.
>>62551664Yeah I already know you homoshlomos have a plan to steal money, go fall your few last teeth out you piece of fuckin shit
>>62551128incredibly bullish. News like this always come out at the bottom
>>62551666What is the point of responding like this? This is a legitimate issue with all public cryptography, crypto or otherwise. Google is saying 2029. Papers are being released constantly where the bound on how many logical qubits are needed to crack various levels of RSA/whatever keeps going down. The more they can push that number lower, the less difficult the physical engineering problem is. Just being a rageposter on 4chins isn't going to change this.
>>62551671While you're cucksplaining go lose an eye too
>>62551680I guess it does make sense that retardmaxxing and holding crypto go hand in hand.
>>62551685I don't hold any of your cuck tokens retarded one eyed homoshlomo, never have never will
>>62551689That's actually good. I don't use crypto either. I would have thought that was obvious from my posts, but clearly your IQ is stunted from a diet of plantains and grubs in your favela.
>>62551636That’s fucked thank fuck I keep my private key on locked notes in my iPhone
>>62551702Better than you eating nigger dick fuckin homoshlomo glowie cuck
>>62551702>plantains Lmaoooo
>>62551708https://criminology.fsu.edu/research/2-repeat-allele-maoa-gene-confers-increased-risk-shooting-and-stabbing-behaviors-0I think you should consider getting tested for the above, my coffee colored friend.
>>62551705That's not how it works at all. You could have your private key stored in a fucking black hole, but if it was generated in a weak way with a public key pair, it is computable FROM the public key. That's the whole problem.
>>62551711Unfortunately for you I'm not brown so you can stop flirting homoshlomo, you'll have to ask your fat nigger coworker glownigger next to you if you can suck his dick
>>62551721>Unfortunately for you I'm not brownAnd we all definitely believe this, given your random outbursts of rage at simple facts. You've convinced us all "white man".
>>62551726No luck homoshlomo there's no nigger dick for you here, move on
>>62551730Serious question: do you have a job? Do you actually participate in society (shopping, talking with other people and so on)? I'm having a hard time understanding why you're reacting so violently to a simple description of how things actually, literally work.Nothing I've said is false. public key encryption is an old-ass idea and forms the basis for all of cryptocurrency. It's potential weaknesses are well known - it's an entire huge branch of mathematics. The NSA has been caught trying to pollute various standards to inject vulnerabilities. Shor's algorithm is one of like 3 known quantum algorithms that actually do anything, whether or not a real quantum computer ever exists. This is all real. Am I talking with an actual schizo?
>>62551739I didnt ask and I don't care about your cucksplaining homoshlomo, why are you asking personal questions now, I already told you I'm not brown, you gotta hunt for that nigger dick someplace else
>>62551750That's not my point. My point is - why are you reacting like this? It's suspicious. It leads me to believe you're either just a raging lunatic, OR you're trying to derail this thread intentionally. Normal humans don't react so angrily to <explanation of how a thing works>. I suppose drugs might explain it. I dunno.
>>62551756I get it, you don't like being exposed for being a nigger dick sucking glowie, but you see, fuck your life
>>62551758Can you explain what you think it is I'm saying? Or trying to trick you with, or whatever? Like seriously, any explanation here would be helpful.
>>62551761Your bald spot is glowing you fucking glownigger shlomo holy fuck cover it up
>>62551764Anyone else? Any other anons that can decipher what has triggered his little psychotic break here? Is it just simple niggatry as I surmise?
>>62551769He hasn't responded in some time now. I fear he may be out mugging someone.
