Re:Someone just made a $147,239,214 Bitcoin transfer
by bigiain on Friday November 22, 2013 @08:56PM
(#6784887)
How does the key get into the token, and how do you know there wasn't a copy made before that?
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Re:Someone just made a $147,239,214 Bitcoin transfer
by pantaril on Saturday November 23, 2013 @08:15AM
(#6785842)
For example Trezor hardware wallet ( http://www.bitcointrezor.com/ ) generates its private key when it is first initialized. This way, the key never exists outside of the wallet.
Re:Someone just made a $147,239,214 Bitcoin transfer
by bigiain on Sunday November 24, 2013 @01:29AM
(#6788919)
Not sure that solves he upthread probem. If I give you a Treznor hardware wallet containing a private key to $150million worth of bitcoins - would you trust me not to have anther copy of that key? Or would you transfer them immediately to a wallet with a private key I could never possibly have known?