pull down to refresh

anyone with any LLM can reproduce the attack. if you choose your keyspace wisely you can be forever famous in the villain hall of fame.

reply

Or, you could sweep them and try to return lost funds to credible claimants.

reply

I can initialize a coldcard with a seed I reverse engineered. There is no credible claimant.

reply

It's possible to establish more points of evidence than that, though.

reply

Yes, one. Source of funds and the attestation that you did per travel rule that this was your wallet, and in case of swept change, KYC purchases that have a 3rd party log.

Which can be faked and attacked. The risk of fucking that up and paying the wrong claimant is insanely high.

reply

Let's say a wallet was funded by exactly one transaction from coinbase and no other transactions are associated with the address.

You don't think a highly credible claim could be established for that situation?

reply

Sure. But what if I front-run your claim? I think you're underestimating the liability you get from preventively confiscating someone's coin and then asking for evidence in order to return it.

If you took my property and then put conditions on the return that prior to your actions were not imposed on me then that is a big big big problem, like shotgun KYC.

reply

I'm not recommending that anyone do this, but in my mind it's a non-villainous thing to do.

I agree with your general perspective. Consider the following hypothetical that seems somewhat analogous:

A fire is raging through your area and a bunch of cars are in its immediate path, so you hotwire some and move them to safety. After the fire is under control, you attempt to return the cars to their rightful owners.