3 ms·
Do you mean their private cryptographic key? Besides being a statisical feat along the lines of being struck by lightning every day for a year while also winni
by kleer001 5y ago
Do you mean their private cryptographic key?
Besides being a statisical feat along the lines of being struck by lightning every day for a year while also winning the lottery every day, whomever got that key would potentially be obscenely rich. However, spending the money would be a challenge.
That said they'd have to be very very careful. Hopefully the only kind of person that would find that key would have the additional good sense of security and paranoia that Satoshi also had. They'd keep their mouth shut and work hard to keep the secret of their discovery to themselves.
If I had that I'd break it up into a few tens of thousands of smaller wallets and then transfer those directly to different exchanges before chashing out. Or maybe try to find a big company to sell them to.
- tromp 5y agoLet's run the numbers. You're saying 2^{-256} ~ P_rare_day^{365}, so that would make P_rare_day 2^{-256/365} ~ 61%. Not rare at all... If we put P_rare_day at a more realistic 1 in a billion, or ~ 2^{-30}, then it only takes 8.53 rare days in a row...
- linuxdeveloper 5y agoYes, that is what I meant.