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Re:Nomad drained of $150m due to a coding mistake by seanhunter on Wednesday August 03, 2022 @01:01AM (#32327834)
That wouldn’t work in situations like this unfortunately. In the ethereum ecosystem the 0x0 address has a special meaning because it is used as the origin of things on chain when they are newly created (they are transferred from 0x0) and often also the destination of things when you want to destroy them (you “burn” something by transferring it to 0x0).

Fun part is as far as I understand this is just a convention and there is nothing intrinsic to 0x0 that makes it different from any other destination address. If someone was to find the private key for which 0x0 is the public half they would have access to a vast amount of stuff that has been transferred there over time. Finding this key is computationally unfeasible however.

Re:Nomad drained of $150m due to a coding mistake by klodolph on Wednesday August 03, 2022 @08:30PM (#32338006)
Why wouldn’t it work here? Couldn’t you just as easily use address 1 or all ones for the same purpose?