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For those of us late to the Bitcoin idea, how does one "steal" Bitcoins? Is it the equivalent of copying someones private key and then deleting all their copies
by ropable 15y ago
For those of us late to the Bitcoin idea, how does one "steal" Bitcoins? Is it the equivalent of copying someones private key and then deleting all their copies of the key?
- wmf 15y agoGenerally the thief copies the wallet (private keys) and transfers the BTC to his own account. It's not necessary to delete anything.
- marshray 15y agoOr just copying the key and "spending" it before anyone else can.
- mckoss 15y agoNo, you use a stolen private key to transfer the Bitcoins to a new public key whose private key is only known to the thief.