StealMyWallet.com Proves Good Encryption Keeps Bitcoin Wallets Safe
StealMyWallet.com allows users to download the website owner's Bitcoin wallet which holds their "life savings." The download is a wallet.dat file which Bitcoiners can put into their Bitcoin client. The Bitcoin address currently contains over 10.6, or $2,800. You're probably wondering, Why would anyone give away a wallet holding so much money? It's because the wallet is encrypted, and cannot be opened without entering its passphrase. Also read: NSA is Working on an Encryption-Cracking Quantum Computer. Can You StealMyWallet? Bitcoiners have contributed a few bits to the StealMyBitcoin.com....
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