Questions tagged [encryption]

For questions relating to encryption operations and algorithms as they apply to crypto-currencies specifically.

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58 views

Bitcoin core wallet backup corrupted by an external tool

Do you know if my wallet.dat which has become wallet.axx due to incorrect handling of an external program (I do not know the name of the program, but it is used to encrypt Windows files) has the ...
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1answer
84 views

can I Re- encryp my wallet with a wallet.dat file from before encryption

My computer crashed and I lost access to my bitcoin wallet.. before that happened I knew I had lost my passphrase so when trying to recover my wallet with my wallet.dat I looked for a very early dated ...
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2k views

Private key to WIF process

I have a private key for a storage bitcoin wallet (there's not much in there I'm just testing methods) but it is in private key form and to import it to my main wallet I need to convert it into WIF. ...
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1answer
46 views

Security concerns with walletpassphrase

I have some security concerns with walletpassphrase: If it stores the passphrase for some unit of time. ie. so you can send funds, surely if the server is compromised, within that timeframe, the ...
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1answer
89 views

Decrypting Bitcoin Core wallet with password that contains special characters

I have come across a Bitcoin Core wallet that uses a special character for the passphrase. When attempting to decrypt, it accepts the password but does not decrypt part of the keys. Is there a known ...
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2answers
221 views

Should I be using the “encrypt wallet” feature in Bitcoin Core?

All my wallet.dats have no password. However, the internal hard disk where the "live" one is located is encrypted, and so are the offline storage devices where I have my "cold" ...
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1answer
46 views

Public key Exceeding Mod P? A Clarification Request On The Discrete Logarithm Problem

I tried to observe / implement the discrete logarithm problem but I noticed something about it; but before I get into it let me give some clarification which is open to correction. a = b^x mod P ...
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1answer
35 views

Multi Party ECDSA?

Are there any alternatives to the Multi Part ECDSA implementation contributed by ZenGo?
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1answer
143 views

BTC Treasure hunt

Alright, I’m new to Bitcoin/Crypto, and this might be a long story but worth it. My life long friend had a $50 Visa gift card back in 2009-2011. His friends were over the house one day and mentioned ...
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1answer
220 views

Recovering my old bitcoin wallet

As far as I can tell, my old bitcoin wallet got corrupted. It was created in Bitcoin Core in the 2014/2015s, and I'm trying to recover it. Bitcoin Core doesn't accept it anymore (and doesn't give an ...
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1answer
75 views

Is my cold wallet still cold?

I created a new wallet.dat on a dedicated, secured machine with Bitcoin Core. Then I encrypted it. Then I sent my "fortune" of coins to it. Then I backed the file up by putting it on all my ...
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1answer
77 views

Isn't an encrypted wallet.dat automatically a “watch-only” wallet?

I have encrypted my wallet.dat outside of this computer. Now I store my wallet.dat on this computer. If I open it in Bitcoin Core, I can view the balance but not spend it (without entering the ...
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1answer
109 views

To test if my wallet.dat encryption password is correct, MUST I spend coins?

When a Bitcoin Core wallet is encrypted, you (apparently) have to enter the decryption passphrase only when trying to spend coins. You still get to "use" the wallet as in seeing all the ...
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1answer
86 views

Why is Bitcoin Core not asking me to enter the decryption key for my allegedly “encrypted” wallet.dat?

I created a wallet.dat with Bitcoin Core on a new PC. Then I encrypted it with the GUI menu. When I reloaded that computer, I was shocked to see that Bitcoin Core did NOT ask me to decrypt/unlock the ...
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2answers
158 views

Encrypted message with nLockTime

I know you can delay a transaction's accepted date by using nLockTime. I'm still looking for the simplest way to generate a transaction with nLockTime, but that's another topic. I'm wondering if ...
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3answers
543 views

Practical application of Electrum's Encrypt/Decrypt message feature?

It's pretty clear how signing a message with a Bitcoin key can be useful in proving ownership of funds. However, it's far from clear how encrypting a message with a Bitcoin key can do anything useful....
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3answers
181 views

Ironically, encryption is not an important part of bitcoin (?)

The above statement is taken out of a book which I've been reading: Mastering Bitcoin 2nd Edition. ...as its communications and transaction data are not encrypted and do not need to be encrypted ...
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How to create a keystore file. And which key to store in it?

I created an BTC+ETH Wallet. I want to store an encrypted key so the next time I run the wallet, it will load with the data from keystore. I'm working with the node crypto module. And as it is right ...
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0answers
13 views

Bitcoin elliptic curve encryption with forward secrecy?

I've been looking for a way to do encryption using Bitcoin private keys. I've looked at all implementations of ECIES encryption, and none of them seems to provide forward secrecy--basically there is ...
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1answer
72 views

How long would it take to break a 32 bit key / encryption [closed]

I was actually wondering... How long would it take to crack/brute force a 32 bit key/encryption and a 16 bit key/encryptions respectively?
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2answers
4k views

Is this how to generate a bitcoin address with python?

So I have already the public key. My question is if I'm applying correctly the b58 encoding, since bitcoin uses b58check, and also adds x00 prefix. Can somebody explain me that? Thanks. import ...
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1answer
64 views

Should I Encrypt my Wallet for Cold Storage?

I understand that the Bitcoin QT wallet is already encrypted to some extent when I use a password. Is it best-practice to further encrypt the wallet file for long term storage?
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1answer
62 views

Ledger 8 pin number how hard in terms of entropy is it to guess?

ledger has a max. 8 number pin for unlocking it as far I know. I am very interested, can someone say if (given any method/resources) it is in any scenario (except luck) possible to guess this 8 ...
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3answers
6k views

Seed for bitcoin-core qt

I have a bitcoin core -qt Wallet (on linux). Tell me, can I encrypt it? For example, there is the electrum wallet! It has words for deciphering. For example, i installed the electrum and the phrase ...
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1answer
84 views

Addresses found in wallet.dat that start 00 14

I found a list of addresses in my dumped wallet.dat file that all start 00 14... They are script=1. What are these encoded with and how to decode?
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1answer
347 views

A security need for Bitcoin to fork to quantum resistant algorithm in a few years?

in just a few years I believe that quantums will exist that break asymmetric ciphers, and bitcoin is based on asymmetric ones like public-key-cryptography, correct? Symmetric algorithms are supposed ...
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0answers
630 views

Bitcoin Private Key Decryption

At present, I have dumped my wallet and have all private key, address information. I am now wanting to understand the decryption process for the private keys within the wallet. I have completed the ...
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10answers
10k views

How can I keep my wallet secure?

The standard Bitcoin client does not encrypt wallet files, so any malicious user that gains access to this file will be able to transfer all the coins to their own wallet. Furthermore, if I lose the ...
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1answer
160 views

Bitcoin and encryption

To the best of my understanding Bitcoin uses encryption to create the digital signature, basically, by encrypting the hashed message (transaction?). Would like to get your expert opinion to my claim ...
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1answer
502 views

Can't decrypt bitcoin core wallet, did I made a backup at the wrong time?

I am confused on why my bitcoin core wallet password would not work. I am 90% sure I tried the right password(s). wallet has many receiving addresses (10 000), I generated them with Linux from ...
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2answers
496 views

Is it possible for computing power to increase quick enough to break mining retargeting?

So from what I understand, mining bitcoins basically becomes more difficult as more bitcoins are mined. This is done so computing power doesn't get so strong that bitcoin mining becomes trivial to ...
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1answer
132 views

Why doesn't the Bitcoin-qt client ask for the Wallet passphrase upon startup?

I've just encrypted my wallet.dat file using the "Settings -> Encrypt Wallet" menu option. I then closed the client and re-opened it. I was expecting to be prompted to put in the wallet password ...
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2answers
84 views

How can I use messengers for crypto transactions?

Is it possible to use Signal or Telegram for crypto transactions? I heard CryptoCat messenger is for such needs, but interested in using those two mentioned above.
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4answers
29k views

Won't ASIC miners eventually break SHA-256 encryption?

I might be confused as to how Bitcoin works, but as far as I can tell, ASIC miners are getting better every year and faster at cracking SHA-256 encryption. Won't this cause the eventual complete ...
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1answer
46 views

How is the PRIVATE KEY actually created in the first place?

How is the "Private Key" created in the first place? I understand that once you have your wallet, you will also gain access to your public key and private key... But in order to have a wallet ...
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1answer
881 views

What happens when i change the encryption password of Bitcoin-Core wallet

What happens when i change the encryption password of Bitcoin-Core wallet? Is first pass lost forever , where is it saved - on the blockchain or on the wallet.dat file? What if encrypt wallet with ...
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1answer
132 views

Has Bitcoin Cores encryption wallet security ever been bypassable?

Every few years there seems to be an exploit found in Trezor that allows people to bypass the security. I was wondering has there every been the same case for Bitcoin Core wallet encryption?
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168 views

Why was noise XK fundamental pattern chosen in the transport layer (BOLT 08) of the lightning network

I am currently reviewing the transport layer of the Lightning network protocol. It builds on top of the noise protocol framework handshake patterns. What I don't get: Why was the fundamental pattern ...
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5answers
2k views

Encrypting wallet manually instead of using hardware wallet

i am new to this community and like to know why one should prefer a hardware wallet instead of using encryption algorithm like AES-256 along with PKDF2 to secure crypto wallets ? i currently hold btc ...
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1answer
160 views

Bitcoin Signatures are susceptible to quantum attacks - how exactly and with what practical impact? [duplicate]

@PieterWuille wrote in another thread: "" The hashing algorithm is probably the most quantum-resistant piece of cryptography right now in Bitcoin. Barring any specific breaks, SHA256 and RIPEMD160 ...
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How may bitcoins hash algorithm be secured in the future from quantum computing brute forcing?

Other threads already answer very clearly that quantum comps could easily "break" /attack bitcoins chain. Now: Are there any ideas among the bitcoin devs circulating out there, how to save bitcoin ...
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4answers
423 views

How can I test and verify a vanity key before I send coins to it?

I ran vanitygen and oclvanitygen on the same machine, and realized after my run that both exe's share the same output file. I've had experience in the past where many programs append to the same TXT ...
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1answer
28 views

Is it possible to run HD derivation with an encrypted master node or seed?

Given either a seed or the private part of a master node, that is encrypted using AES-256-CBC (or another secured symmetrical cypher) with key K, is it possible to run derivation such as described in ...
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1answer
99 views

C-lightning Implementation password protect hsm while maintaing node access

I was wondering if there was a way to encrypt the folder that contains the hsm_secret (and a lot of other operational files necessary for constant operation of a C-lightning node) without cutting it ...
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5answers
2k views

BIP38 or Brain wallet?

I have seen many videos about paper wallets and different ways to store BTC. And I have choose to store using a cold wallet (paper wallet). But I am not sure what option I should choose: a normal ...
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1answer
279 views

Is the unencrypted copy of the wallet still usable after a copy is encrypted?

My wallet is not protected with a password, I have a few receiving addresses generated and a some funds in it, then I make a copy of the wallet and I set a password on this one. Will the old ...
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1answer
80 views

Is blockchain really secure to store sensitive data?

Plenty of developers these days trying to decentralise everything. I noticed some developers claim that they are gonna replace email with blockchain technology. johnmcafeeswiftmail, CryptaMail, ...
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1answer
120 views

I have a 100 character text message and I want to encrypt this message with my bitcoin “PUBLIC KEY” and decrypt it with my private key in Javascript

Are there any javascript libraries that can encrypt a 100 character text message using your bitcoin public key, but only be able to decrypt it with your bitcoin private key? I'm looking to create a ...
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1answer
119 views

Why bitcoind will shutdown after encryptwallet?

As mentioned in the bitcoin-cli document for encryptwallet command, bitcoin daemon will shut down after encrypting a new or unencrypted wallet. My question is about the reason for shutting the node ...
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258 views

Is encryption really needed for blockchain to work?

Is it right to say that Bitcoin and other blockchains do not use encryption? I read somewhere that blockchains rely on digital signatures and hash functions but not on encryption, and that encryption ...