Bitcoin has a ‘dark forest’ of its own, and it has to do with brainwallets

Bitcoin has a ‘dark forest’ of its own, and it has to do with brainwallets

Using weak seed phrases means instant loss of funds on the Bitcoin network. The concept of a blockchain "dark forest" has been popularized recently by Ethereum and the existence of front-running bots that will copy any profitable transaction pending for submission.The bots are able to assess if any given transaction that just entered the mempool can be replicated, and they will immediately publish their own copy with a much higher gas fee, which virtually guarantees that they will be the first to claim it. The term "dark forest" is inspired from a sci-fi novel and indicates a place where....


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Community members integrate play-to-earn features into Dark Forest game

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Kryptokit releases Video-Based Contest to Showcase the Power of Bitcoin Brainwallets

With 2 bitcoins available to be won, Kryptokit contest tests new blockchain based marketing ideas. TORONTO, CANADA - SEPTEMBER 23, 2014 - Today Kryptokit, the makers of the instant bitcoin wallet RushWallet, launched a video with a twist: embedded in the humorous video is a series of clues that lead viewers to 30 hidden brainwallets filled with bitcoins. Once viewers decipher the clues they are invited to claim the wallets and transfer any bitcoins inside them into their own accounts. There are 2 bitcoins available to be won in a contest that will last 1 month or until all the wallets are....

Bitcoin on the Dark Web: The Facts

Bitcoin has been the de facto currency of the Dark Web - the 'hidden' Internet accessible only by Tor - since the pioneering marketplace Silk Road, the 'eBay of drugs', arrived in 2011. But just how much do we know about these new underground economies? Who is buying and selling - and what? Here's what available data can tell us about bitcoin on the Dark Web. Bitcoin on the Dark Web: the Facts

The Dark Web - The Bitcoin Slang Market

Many people believe that search engines, especially Google, can index most of the pages available on the web for a given search query. Nonetheless, the truth is that there is a massive part of the internet that cannot be accessed by Google's crawling spiders. This part of the web is known as the "Dark Web" and it is a place where cryptocurrency, namely bitcoin, is the official currency. What is The Dark Web? The dark web, or deep web (false name as the deep web is a part of the dark web), represents the parts of the world wide web that are hosted on overlay networks, darknets, TOR....

Brainwallets: The Bitcoin Wallet You Probably Shouldn’t Use (Unless You Have To)

A “brainwallet” refers to a private key that is stored in the user’s memory in the form of a seed phrase or a passphrase.