[Cryptography] How can poor/bad/compromised random number generators manifest themselves in Bitcoin?

[Phillip Hallam-Baker]

On Tue, Nov 19, 2019 at 1:31 PM Alfie John <alfie at alfie.wtf> wrote:

> Yep.... and "stealing" using guessable private keys is already happening:
>
>     -
> https://www.wired.com/story/blockchain-bandit-ethereum-weak-private-keys/
>     -
> https://redpiranha.net/news/online-bitcoin-wallets-open-compromise-weak-private-key-generation-code
>
> Alfie
>

But don't allow this or any other failure of BitCoin security ever lead you
to doubt the absolute inevitability of the global financial system being
replaced.

This is differential security: No insecurity in the BitCoin system can ever
be considered significant because it is only a proof of concept. At this
stage it is sufficient to demonstrate that there exists the possibility of
a security control that might address the issue with some degree of
effectiveness sometime.

Meanwhile any and every failure in the existing payments infrastructure is
not only a valid criticism, it is proof of its inevitable collapse.
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