[cryptography] Bitcoin observation

lodewijk andré de la porte lodewijkadlp at gmail.com
Thu Jul 7 17:01:18 EDT 2011


I honestly don't see how. A transaction has an orgin, which is verified to
have the coins, and a destination, which is a public key that must have a
private key. AFAIK every public key has a computable private key
counterpart.

But please correct me.

2011/7/7 Taral <taralx at gmail.com>

> 2011/7/6 lodewijk andré de la porte <lodewijkadlp at gmail.com>:
> > I find the phrasing very strange. You cannot "destroy" a bitcoin, only
> > render it practically beyond recovery. You could still recover it by
> > figuring out which account's full of money and brute forcing their
> private
> > key from their public key and transaction log, it's not likely to be
> > feasable anytime soon though.
>
> As I said earlier, it is entirely possible *at the protocol level* to
> create transactions that transfer money into black holes that are
> unrecoverable -- no amount of crunch will recover them. None of the
> generally available interfaces expose this, however.
>
> --
> Taral <taralx at gmail.com>
> "Please let me know if there's any further trouble I can give you."
>     -- Unknown
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