Re:Silk Road Bitcoins worth $1B transferred after seven years
by aserafini on Wednesday November 04, 2020 @03:47PM
(#24992890)
But then the recipient doesn’t know if the original owner has made a copy of the key.
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Re:Silk Road Bitcoins worth $1B transferred after seven years
by nerdwaller on Wednesday November 04, 2020 @04:37PM
(#24993311)
There can be options, the OpenDime[0] is one that’s intriguing. The owner seeds the entropy before it can be used and the only way to get the private key is to physically (and visibly) alter it.
Re:Silk Road Bitcoins worth $1B transferred after seven years
by jfrunyon on Wednesday November 04, 2020 @04:49PM
(#24993385)
I wonder how difficult it would be to extract the key from the device. Probably not very.
I also like how they say "no trust", but in reality, you have to trust them (and their entire supply chain).
Edit: from their FAQ: "Can I re-seal after breaking the seal? No. A permanent change is made inside the flash memory of the processor." Oof. Big oof.
Re:Silk Road Bitcoins worth $1B transferred after seven years
by nerdwaller on Thursday November 05, 2020 @12:53PM
(#25000306)
It would be interesting and probably a big deal to test this out, I don’t think I have the chops for it but hope to read about it if you (or anyone else) gives it a shot!
Re:Silk Road Bitcoins worth $1B transferred after seven years
by jfrunyon on Sunday November 08, 2020 @10:10PM
(#25031110)
I don't either (although I certainly wish I did). I hope someone does too, though.
Re:Silk Road Bitcoins worth $1B transferred after seven years
by Thorrez on Thursday November 05, 2020 @01:45AM
(#24996148)
Yes, but to put the money on the OpenDime device requires an on-network transaction.
Re:Silk Road Bitcoins worth $1B transferred after seven years
by dyingkneepad on Wednesday November 04, 2020 @04:32PM
(#24993269)
That won't matter anymore after they transfer it to a wallet they control, like they did today. Will it?