PS5 details: Is there a risk that hackers will exploit them?
inet infosec

PS5 details: Is there a risk that hackers will exploit them?

Sony's game developer and creator, Mark Cerny, gave some details about the new PS5 console. In one...
Read More
infosec

Cisco warns of vulnerabilities in 9000 series routers

Cisco has released 31 security tips this week, but has focused users on "critical" patches for ...
Read More
infosec

HP: Adds the Sure Sense malware blocker to its new devices

HP announced a series of updates and new features for PCs, as well as the official HP release ...
Read More
infosec

Covering vacancies in hacker security

Incidents of online attacks are increasing day by day. Previously no such attention was paid. After the incident with the ...
Read More
infosec

Oracle: New Critical Patch Update fixes 297 vulnerabilities

Oracle releases a collection of patches for multiple critical security vulnerabilities. The update contains 297 new security fixes ...
Read More
Latest Posts

Craig Wright: I will move Satco's Bitcoin as proof

Bitcoin

The The BBC has published a story which showed Craig Wright as the original creator of the digital coin Bitcoin Satoshi Nakamoto.

However, the extremely cautious cryptographic community does not seem to be convinced by Wright's evidence-based techniques given to his media and blog.BitCoin Craig Wright

Read: The Web challenges Craig Wright as the creator of Bitcoin

So Craig Wright promised to provide more evidence to convince him that he is behind the pseudonym Satoshi Nakamoto.

Wright's spokesman told the BBC he would "start a coin from an early Bitcoin block" belonging to Nakamoto "in the coming days." However, the spokesman did not set a date.

You should be aware that the actual Satoshi Nakamoto, should have access to about 1 million Bitcoins (worth 400 million dollars).

These Bitcoins have not been moved for seven whole years since Bitcoin's story began. So if Wright can transfer a part of these Bitcoin to a different address, he will prove possession of the private keys of these Bitcoins and hence his claim that he is Satoshi Nakamoto.

Why do they call him a fraudster?

Wright, to prove his allegations, provided a cryptographic key as proof. The key was accompanied by technical information to convince the cryptographic community that it is behind the nickname Nakamoto.

However, the community did not believe Wright's evidence that eventually showed no public information about Nakamoto.

Robert Graham, a well-known security researcher, published an interesting technique on his blog that says one can create a proof like Wright:

So the publication "How Craig Wright's Deception Worked"Demonstrates step-by-step how one can create that key he wants.

Do you have an opinion? Leave your comment.

The author allows you to copy his / her text only if you report the source (SecNews.gr), as an e-mail address (Live URL) of the article.
Updated on by

Reader Interactions

Leave a reply

Your email address is not published. Τα υποχρεωτικά πεδία σημειώνονται με *