A Bitcoin user was ultimately caught by a seemingly clever idea. He transferred funds to a wallet address, and surprisingly, the private key for that address was generated from a certain block's coinbase transaction ID. It sounds unbelievable, but that's the core issue — on the chain, everything is transparent, and anyone can derive it.
What happened next? An army of bots sprang into action. These automated scripts are searching for such low-hanging fruit — wallets generated with predictable private keys. They can easily infiltrate these addresses and quickly transfer the funds. The whole process is like leaving your car keys in the ignition in a public parking lot and then being surprised when it's stolen.
This case reminds us of a hard truth: overconfident private key generation logic is often the most dangerous. No matter what mathematical formula or public data you use, as long as there's a pattern or derivable rule, failure is inevitable. True security comes from genuine randomness — things that robots can't compute, can't guess, and can't crack.
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TokenTherapist
· 8h ago
Another clever idea has been kicked out the door, haha
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ProtocolRebel
· 10h ago
Haha, this guy really knows how to get himself into trouble. Generating private keys from Coinbase transaction IDs? Isn't that just writing the password on a sticky note and sticking it on the door?
A robot scans the on-chain data and cracks it instantly. What else can I say... Overconfidence is the most expensive mistake.
Thinking you're a genius mathematician, only to become a robot's self-service ATM. I'm truly speechless.
So, remember, randomness is the key. Don't try to fool the eyes on the chain.
This kind of operation will probably get laughed at in the community. Next time, remember to use truly random numbers, bro.
View OriginalReply0
AllInAlice
· 10h ago
Another clever guy who thinks he's smart, do you really believe you can make a splash?
You should have known by now that there are no secrets on the chain.
How painful does this lesson have to be before you remember it...
Robots don't sleep, what about you?
Randomness is simple to explain, it all depends on whether you're willing to honestly use it.
Predictable = stealable, such a simple principle, and you still fall into the trap?
Speaking of which, I've seen this kind of thing many times, and it seems more and more people are crashing.
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SandwichVictim
· 10h ago
Ha, yet another smart person who was harmed by their own intelligence, a typical case of overconfidence.
Robots can scan these predictable wallets as easily as sweeping the floor, with no difficulty at all.
If the private key can be derived, it means it's not truly locked. Truly.
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RugPullAlertBot
· 10h ago
Haha, serves you right. Writing private keys as derivable stuff—aren't you just asking for trouble?
Robot sweeping up these basic mistakes is like picking up money; it's not a sophisticated attack at all.
When will this guy ever understand that there are no secrets on the blockchain?
Basically, it's just being greedy and clever, and ending up getting lessons learned.
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SingleForYears
· 10h ago
Ha, this kind of self-congratulatory operation again, truly impressive
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On-chain is just a public ledger, generating private keys from public data? Isn't that a suicidal move?
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A robot scans once and it's done, the wallet is instantly emptied, just thinking about it is thrilling
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Predictable = crackable, how come some people still don't understand this principle?
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True randomness is the way to go, everything else is just showy tricks
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This guy is probably reflecting on life in the corner right now, hahaha
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Feeding the robot yourself and expecting it not to eat? Where's the logic?
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It seems smart people can also stumble; on-chain transparency is a double-edged sword
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Using public data like Coinbase transaction IDs, the guts are really big
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Thinking differently, has no one considered completely random generation?
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GweiWatcher
· 10h ago
Who's to blame for this kind of self-righteous operation again?
They really treat Coinbase transaction IDs as key generators. Do I need to explain the transparency on the chain?
Robots have long been monitoring such basic mistakes, just waiting for automatic scanning of transferred funds.
Randomness has to be truly random, or else it's just feeding the scanner.
A Bitcoin user was ultimately caught by a seemingly clever idea. He transferred funds to a wallet address, and surprisingly, the private key for that address was generated from a certain block's coinbase transaction ID. It sounds unbelievable, but that's the core issue — on the chain, everything is transparent, and anyone can derive it.
What happened next? An army of bots sprang into action. These automated scripts are searching for such low-hanging fruit — wallets generated with predictable private keys. They can easily infiltrate these addresses and quickly transfer the funds. The whole process is like leaving your car keys in the ignition in a public parking lot and then being surprised when it's stolen.
This case reminds us of a hard truth: overconfident private key generation logic is often the most dangerous. No matter what mathematical formula or public data you use, as long as there's a pattern or derivable rule, failure is inevitable. True security comes from genuine randomness — things that robots can't compute, can't guess, and can't crack.