I Bitcoin They may be a great investment, but you need to protect your digital currency. Well, not very safe. For example, a man has lost access $ 220 million In Bitcoin he forgot about it Password His wallet.
We are talking about Stephen Thomas, 33, a software developer who could not remember his password Iron key, Which includes the Bitcoins group it acquired in 2011. Iron Key is a USB stick created by Kingston technology encrypted with AES. The USB drive only allows you to enter the password ten times: if you make a mistake ten times, the USB will erase all its contents.
Stephen was interviewed New York Times He further said in translation: “I will lie in bed and think about it: then I will go to the computer with some new strategies, it did not work, I will be frustrated again. This is really a big milestone in my future life. It is not about being.
It’s not uncommon for people to forget the passwords of their devices or accounts, but this can be a bit of a problem when it comes to $ 220 million in Bitcoin. Tell me, what is the worst situation caused by forgetting password?
If you want to mine Bitcoin, maybe using a Commodore 64 is not worth it: mine would take 50 trillion years to build.
Edward Langley is a contributor to Nintendo-power.com, covering a wide range of topics including news, business, technology, entertainment, lifestyle and current affairs. He focuses on delivering clear, balanced and accessible reporting that helps readers stay informed about important developments and emerging trends. With an emphasis on accuracy, relevance and useful insights, Edward aims to provide engaging stories and practical information that matter to audiences in the UK and beyond.