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Hypothetical.. Ethereum is the world currency. Everyone is using it. Criminals and script kiddies are running scripts that guess completely random private ke
by legohead 8y ago
Hypothetical..
Ethereum is the world currency. Everyone is using it. Criminals and script kiddies are running scripts that guess completely random private keys. Occasionally they make hits and steal people's wealth.
What's the next step in securing your wallet? Making sure your wealth is stored across a million wallets?
- jniedrauer 8y agoThis hypothetical starts to look silly when you do the math. Rolling random private keys is effectively a form of very inefficient mining. You'd spend a ton on electricity, and your odds are lower than just buying a lottery ticket.
- legionof7 8y agoThese occasional hits are basically mathematically impossible. It wouldn't make sense for anyone to run a script to do this. If you were really concerned, you could make a multisig wallet.
- thinkmassive 8y agoThat’s proved a little more perilous with Ethereum compared to Bitcoin, heh https://github.com/ethereum/EIPs/blob/master/EIPS/eip-999.md https://github.com/ethereum/EIPs/blob/master/EIPS/eip-999.md