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Wasabi Wallet Will Pay You to 'Crack' a Bitcoin Wallet

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Wasabi wallet, a Bitcoin wallet enterprise, challenged BTC producers around the world to "decipher" Bitcoin wallets and collect all Bitcoin (BTC) held by them.

This test gradually began on Monday and is part of a week-long global treasure hunt themed activity "Hunting Satellite", which is a game-based teaching, culture and education summer camp on good practices of public key maintenance.

Hunting satellite wallet has obtained 3454811 satellites or "satellites" (0.03454811 BTC) funds and is being calculated. Participants from all over the country will try to guess the password of the wallet and the 12-word seed phrase properly to obtain assets.

Bitcoin wallets generally contain "seed phrases" composed of 12 to 24 arbitrary words, and are sometimes maintained by PIN, password or passphrase. The seed phrase is used to "repair" or browse the wallet again in case of accidental loss.

Arbitrarily guess the password or dynamic password to obtain unauthorized browsing is a method called "force behavior"

The statement said: "It is the best way for customers to grasp the reliability of seed phrases and many benefits of their own monitoring to carry out hands-on learning training based on interesting games such as Hunting Satellite.". "This shows how violence is more and more easy to achieve if users show some of their seeds."

The truth words from Hunting Sats seeds and passwords were distributed to 12 partners, including famous bitcoin enterprises, such as Blockstream, Trezor and BTCPay. Each partner will freely reveal his or her secret words on Twitter, so that when each word is revealed, it will be easier to force him or her to act violently.

The statement said: "When the customer chooses the seed responsibly and stores its public key in the special frozen warehouse, the risk of cracking the wallet is almost zero.". "Understanding this basic element is the first step to realize self-worth, territorial sovereignty and self-monitoring."

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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