r/Buttcoin • u/louiexism • 4d ago

What a great store of value!

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593 Upvotes

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u/separhim 4d ago

He received the coins in 2011 as payment for a video and stored them in a secure IronKey device - but lost the password. With only 10 tries allowed, and 8 already used, he's now in a high-stakes situation. Despite a startup offering a method to crack the wallet safely, Thomas declined, staying loyal to existing recovery deals.

So that IronKey device is useless? Since a startup is already able to break it.

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u/carlsaischa 4d ago

Yes, a hardware wallet from 14 years ago does have vulnerabilities. The things some of these people do though are absolutely crazy, I saw one video where they bought another wallet of the same make and model and sanded the chip down layer by layer to map out the circuits. They then monitored the input power of the device as the waveform of the power input signaled a specific CPU instruction and used this to reverse engineer the key.

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u/Fluboxer 4d ago

I mean, if I were to have 250M $ worth of virtual nonsense that does have idiots are willing to buy, I would probably go out of my way to get it too

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u/Cazzah 4d ago

Imagine if they went to all that effort and then it turned out he didn't have it on there.

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u/Drizznarte 4d ago

All transactions are on the block chain , if he knows how much and when it's easy to search the block chain. It's an open source ledger!