Ethereum Hackers Guessing Private Keys!
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- Опубликовано: 10 окт 2024
- Ethereum Hackers Guessing Private Keys!
In this video I discuss a recent paper researching how hackers are guessing Ethereum private keys. In theory this vulnerability affects any cryptocurrency that allows you to generate weak private keys.
#Ethereum #Hackers #Security
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Alex Saunders is not a Financial Advisor. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind.
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Thanks for breaking this down and explaining it so well. After working 25yrs in the I.T industry, I'm still amazed at how careless people are with their I.T security - even after their account is breached due to a phishing or a brute force attack, they'll soon forget the pain and go back to their bad habits!
I was able to recover back $64k USDT out from this mining scam All thanks to Adriannotch he’s the best ethical white hat hacker I can only recommend him here for real🔥👆🏻
Someone could create a wallet that generates basic private keys, advertise it, get a bunch of people using it and then steal all the funds.
Funny that they spend years and years figuring out stealing with privat keys . Instead they can spend years and years working on an amazing product. They might be wealthier in the last case
Yes, if they spend at least a year on the PRIZM cryptocurrency, then they will receive dividends their whole lives, thanks to its paramaining technology.
Bitcoin/Etherum Mining shouldn't be done by a regular hacker. Everyone should know this, several hashes and coding are involved, @hackanything1 on instagram is the only person that has ever done a real hack for me. Please do use the codename Hacky in order to get a reply from him. He also give 50% for referrals
Expeditetools,com helped me financially .They got me a transfer of $32,000 to my bank account .
Expeditetools,com helped me financially .They got a transfer of $28,000 to my bank account .
It worked with COINSADDER🎡COM, i got 2.9btc .
Great video brother. I'm wondering: if accessing wallets is just "guessing" a private key, and there are thousands or millions of private keys, and computers like ASIC miners can make biliions of "guesses" a second (quadrillions a day in a pool), then it seems as though finding keys is inevitable. Have I got this right?
I'm thinking we've already created hardware to guess numbers for legitimate transactions, hence why not modify the process to make iligitimate transactions (theft). This is scary to me as it suggests every private key (not just within Ethereum) could be guessed.
Have I got this theory wrong? I sure hope so because if not, I'm not sure how we could secure anything unless it's centralised... Which of course creates a whole new world of vulnerability. My head hurts🤔
Bitcoin/Etherum Mining shouldn't be done by a regular hacker. Everyone should know this, several hashes and coding are involved, @hackanything1 on instagram is the only person that has ever done a real hack for me. Please do use the codename Hacky in order to get a reply from him. He also give 50% for referrals
yup you did brother!!! I know that beter than anyone-lool
No. It takes much more processing to guess a private key than it does to mine, because there are many more combinations of private keys than hashes. It would be more profitable to mine than hack wallets.
+1 for hardware wallet. So much easier to use and safer too.
interesting. correct me if im wrong, but with a hardware wallet like nano ledger s, which basically is the key to access the funds on the blockchain, its impossible for a hacker to withdraw your funds because you have to physically confirm the withdrawal on the device itself manually.
Roy M the key is the key. Hardware makes no difference
Roy M
If they got your private key, they can access your wallet with it, no need for a hardware.
@@Investor-iv5cr Richar Ruxton, yea ur right, ill take my chances with someone trying to guess the private key generated from the seed out of a ledger, its astronomical.
thank you for providing the list of exchanges you trade, the most largest and popular
Probably a good idea to send a small amount to new wallets and let them sit a while and see if anyone takes the money before putting large amounts in.
If I may ask, do you know if this affects Trust Wallet (the same mobile wallet that Binance trusts)? I don't personally own any ethereum, but of course it's not a bad idea to get in it eventually.
privatekey mining
Mmm 🤔
Great video. But I have a question, hope you have time to answer. In a Hardware wallet like Ledger Nano S, I think we can only store 2 different types of coins? From my experience: BTC and ETH. Afterwards it says, not enough space. So how can we store the Altcoins? Can't keep buying Hardware wallets.
Hello all.And my advice is, it’s not too late to buy at what price even now and buy Prizm cryptocurrency for all the money. Install the PRIZM node and be masters themselves.
Prizm is a new generation of cryptocurrency
i have ledger nano s, orginally you had to download the bitcoin wallet and ethereum wallet in the chrome app store. downloading the manager app you could install multiple alts on the ledger that was accessed via the bitcoin wallet app. now the user interface is called ledger live, not sure how many coins it accommodates but atleast 5 id say.
If there’s not enough space just delete one app e.g. ETH and install the App of the coin you want e.g. BCH. Coins are not getting lost by deleting an app.
@@Alex-rz4mh Thanks a lot for the great tip.
Scary to think that there are so many sharks circling., Oh well they can't get us we are next to Lenardo on the Titanic!
Is bitcoins private key more or less hackable then ethereum?
Does anybody know If coinbase or Gemini have insurance protection in case of hacking? I thought I heard they did?
Bitcoin/Etherum Mining shouldn't be done by a regular hacker. Everyone should know this, several hashes and coding are involved, @hackanything1 on instagram is the only person that has ever done a real hack for me. Please do use the codename Hacky in order to get a reply from him. He also give 50% for referrals
Bruh PRIZM bruh. So decentralized. These bags are so heavy. Help me and my Russian friends out and be the greater fool bruh.
Wow, fascinating! thanks again for the education
Bitcoin/Etherum Mining shouldn't be done by a regular hacker. Everyone should know this, several hashes and coding are involved, @hackanything1 on instagram is the only person that has ever done a real hack for me. Please do use the codename Hacky in order to get a reply from him. He also give 50% for referrals
Think I should take out my coins from MEW ?
MEW is not a wallet. Watch my video for details: ruclips.net/video/ZM0OTDYuL2M/видео.html
PRIZM increases your balance every second ... for cryptocurrency PRIZM FUTURE
sounds like leaving it on binance which im sure security is top knotch on, could be just as safe these days
Hello . use Prizm cryptocurrency, complete decentralization, you can already buy goods directly to pay Prizm cryptocurrency and many other services without entering Fiat, and this is only the beginning, and you don’t need anything to mine mineng this past century, in Prizm Paromineng without iron that has no technology in the world. Install the PRIZM node and be masters themselves.
Thanks Nugget's News.
Remember Nexus?, now it makes sense...
yep..stole my coins!!
funny how i converted my ETH bags to other coins recently
Hello . use Prizm cryptocurrency, complete decentralization, you can already buy goods directly to pay Prizm cryptocurrency and many other services without entering Fiat, and this is only the beginning, and you don’t need anything to mine mineng this past century, in Prizm Paromineng without iron that has no technology in the world. Install the PRIZM node and be masters themselves.
Excellent upload and information. Crazy crypto times.
hi
OMG you guys on the site below made me cry... you are amazing, inspiring and genuinely kind people. Thank you for successfully getting my money back, I wish I had the skills you have to help stop these assholes... God has a special place for people like you, thank you *Brave notch on the internet* and God bless. I will continue recommending
I had 93 OGN token on my OGN wallet but I forgot my private key , who could help me I didn't mind to share 50:50
What's up with your FUDish click bait title? Hackers are not 'guessing' normal private keys. I'm disappointed.
oh yes they are-trust me!!!
I deal with cryptocurrency PRIZM, this is the best unique cryptocurrency for today
If it is so good why does a troll army have to spam RUclips to lure in investors? Lol
@@GustafHauRuck Because we are telling the truth and few people know us yet
@@ИннокентийАбрамов-ю8х Ok so it is an obvious shitcoin, thank you for clearing that up
@@GustafHauRuck 10k usd volume in 24 hours xD bitconneeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeect
The work around is to have the extra passcode word Its a word that you create yourself when installing the private keys on your hardware wallet. No way can a hacker guess that unless they have key logging software on your device. Trezor, keepkey and nano have the passcode functionality
I deal with cryptocurrency PRIZM, this is the best unique cryptocurrency for today
AmazingLily.
Interesting, how can you do that? How do you install the private keys on the hardware wallet?!! The private keys are generated automatically by your hardware device, we have no control on them. Thank you for more explanations.
@@Investor-iv5cr its a long time since I did it on my 3 hardware wallets but I vaguely remember having to write the 24 words down and then create a additional passphrase word on the device. Its like an extra layer of security. In my last comment I think I was confused as I now remember having to reset the device and enter all the words. sorry
*Yardtools* on instagram who recovered back my 12 word phrase within minutes. Thanks to him...
I got video of worse
The password is "MAGA" 😂
Могу подарить монетку ПРИЗМ
The current crypto market will collapse eventually. Probably in few decades due to it's vulnerability but it'll migrate to a new one that is more secured. Bitcoin will die and a new coin that'lll lead the market will emerge.
So obvious today that *DOVECYBER* seems to be the greatest of all time with great pleasurės.
👆👆👆 THANKS 🙏..
G
OMG you guys on the site below made me cry... you are amazing, inspiring and genuinely kind people. Thank you for successfully getting my money back, I wish I had the skills you have to help stop these assholes... God has a special place for people like you, thank you *Brave notch on the internet* and God bless. I will continue recommending
👆👆👆 THANKS 🙏..