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A comment on Binance exchange hackers steal bitcoins worth $41m. Parent comment

Re:Binance exchange hackers steal bitcoins worth $41m by tty2300 on Wednesday May 08, 2019 @09:03AM (#19858425)
Bitcoins are not specific units. They are more like water, infinitely dividable.

If you stole a bucket of water and then pour it in to your swimming pool and then distribute the content of your swimming pool to 100 different people, who has the bucket of stolen water?.

Bitcoin also doesn't track the movement of specific coins because they don't exist. Its just a list of transactions. A wallet with $100 in it gets $5 in and then sends out $5. How do you decide if this was the $5 that went in? Is it first in first out?

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Re:Binance exchange hackers steal bitcoins worth $41m by jstanley on Wednesday May 08, 2019 @09:06AM (#19858452)
> A wallet with $100 in it gets $5 in and then sends out $5. How do you decide if this was the $5 that went in? Is it first in first out?

Even assuming you mean "address" rather than "wallet", you can decide by looking at which UTXO was consumed. This is a drawback of Bitcoin.

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