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WedgeSocial / Dan Wedge
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2024-09-18 00:24:09

WedgeSocial on Nostr: puzzles 🧩 are you “bots” The Bitcoin 66-bit puzzle, part of a series of ...

puzzles 🧩 (npub12r0…9qrx) are you “bots”

The Bitcoin 66-bit puzzle, part of a series of cryptographic challenges launched in 2015, has recently been solved after years of effort. The reward for solving this puzzle was 6.6 BTC, valued at over $425,000[2][3][8]. However, before the solver could claim the prize, automated bots intercepted and claimed the reward. This incident has sparked discussions about the security of Bitcoin and the risks associated with cryptocurrency challenges[2][6].

The puzzle involved a private key with 66 unknown bits, which required significant computational effort to brute-force. It took approximately two years to solve this puzzle, highlighting the complexity and time investment needed for such cryptographic challenges[3]. The next puzzle in the series, #67, features 67 unknown bits and offers a reward of 6.7 BTC[3].

The incident has raised concerns about the vulnerability of such puzzles to automated bot attacks and the need for improved security measures in future cryptographic challenges[2][6].

Sources
[1] The 66-Bit Puzzle has Been Solved! : r/Bitcoin - Reddit https://www.reddit.com/r/Bitcoin/comments/1fg1jbe/the_66bit_puzzle_has_been_solved/
[2] 66-bit Bitcoin Puzzle Was Solved! - YouTube https://www.youtube.com/watch?v=Ux9thCQQdcI
[3] Bitcoin puzzle #66 was solved: 6.6 BTC (~$400k) withdrawn https://news.ycombinator.com/item?id=41547395
[4] How To Crack Bitcoin Puzzle 66 With Keyhunt - YouTube https://www.youtube.com/watch?v=ul8cNfA7iwY
[5] r/BitcoinPuzzlePython - Reddit https://www.reddit.com/r/BitcoinPuzzlePython/
[6] BTC puzzle 66 was solved recently, then stolen by bots https://www.blackhatworld.com/seo/btc-puzzle-66-was-solved-recently-then-stolen-by-bots.1636714/
[7] Bitcoin puzzle transaction ~32 BTC prize to who solves it - Bitcoin Talk https://bitcointalk.org/index.php?topic=1306983.2940
[8] The Bitcoin 66-bit puzzle, part of a series of cryptographic ... - Threads https://www.threads.net/%40newsxchain/post/DAAaxeWJ5wI
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