Chose a custom private key instead of randomly generated one and why are there so many transactions on it?

    https://i.redd.it/9h4uuj14mybg1.jpeg

    Posted by aespaste

    16 Comments

    1. user_name_checks_out on

      > Chose a custom private key instead of randomly generated one and why are there so many transactions on it?

      You chose a private key that is easily guessable. People monitor that wallet, and every time it receives money, they take it.

    2. I would consider not depositing any BTC on this address. But maybe that’s just me

      And then I would no longer consider using a custom private key, maybe

    3. There was one story where some person only rolled like 4 dice to generate their private key and lost a bunch of cheddar. 😬

    4. Someone explain this so op used a private key that other people have access to or what basically.?

    5. ifureadthisurepic on

      How would you even do this in the first place, it seems like today’s standard wallets don’t support this kind of feature, so you’ll have to somehow create the private key first?

    6. I’m guessing you didn’t know there’s tech (I have tried it out) that will store every wallet on the blockchain into a weird fast-lookup of sorts. It’s amazing.

      You can then generate keys and see if they match up with ANY wallet with a balance on the entire chain in one easy operation.

      Have chatgpt take you through using brainflayer if you wanna try it out yourself.
      You can do any sort of ‘generating your own key’ that you want and see if anyone else on the entire chain did it too (for easy memorization purposes, like your method) and then kindly refrain from stealing their bitcoin.
      You can run a node, sync it up, then extract the wallets with balances out of it, and build the brainflayer lookup/filter/forgotwhatitscalled off of it.

    7. It’s not just that it can happen.
      Any key that is not fully random is completely and easily monitored by a lot of people.
      It’s easy to monitor thousands of them by software and automatically send the coins to your own addresses.
      Why do people use those? Because they think they are smart and don’t understand how non-random human brains are

    Leave A Reply
    Share via