The Bitcoin Piñata

#1

Post by amirmc » Tue, Feb 10, 2015, 3:40 PM UTC

The Bitcoin Piñata
ownme.ipredator.se

Re: The Bitcoin Piñata

#2

Post by neals » Tue, Feb 10, 2015, 3:54 PM UTC

Can sombody explain this in a bit less technical terms?

Re: The Bitcoin Piñata

#3

Post by chrisrhoden » Tue, Feb 10, 2015, 3:57 PM UTC

neals wrote: post #2

Can sombody explain this in a bit less technical terms?

The challenge is to present a certificate that the pinata interprets as being signed by the CA at the bottom of the page. If you succeed in doing so, you will be given the information required to transfer all of the BTC out of the address listed on that page.

Re: The Bitcoin Piñata

#4

Post by avsm » Tue, Feb 10, 2015, 3:57 PM UTC

neals wrote: post #2

Can sombody explain this in a bit less technical terms?

Amir Chaudhry has explained the background to this in his blog post: http://amirchaudhry.com/bitcoin-pinata/

Re: The Bitcoin Piñata

#5

Post by [deleted] » Tue, Feb 10, 2015, 3:58 PM UTC

neals wrote: post #2

Can sombody explain this in a bit less technical terms?

[deleted]

Re: The Bitcoin Piñata

#6

Post by kcsrk » Tue, Feb 10, 2015, 3:58 PM UTC

neals wrote: post #2

Can sombody explain this in a bit less technical terms?

Here is some context: http://amirchaudhry.com/bitcoin-pinata/

Re: The Bitcoin Piñata

#7

Post by amirmc » Tue, Feb 10, 2015, 4:06 PM UTC

There's some additional context at http://amirchaudhry.com/bitcoin-pinata/

Re: The Bitcoin Piñata

#8

Post by unwind » Tue, Feb 10, 2015, 4:09 PM UTC

This is a duplicate of https://news.ycombinator.com/item?id=9027701, not sure why the URL-matching didn't catch it.

Re: The Bitcoin Piñata

#9

Post by Tuna-Fish » Tue, Feb 10, 2015, 4:10 PM UTC

chrisrhoden wrote: post #3

neals wrote: post #2

Can sombody explain this in a bit less technical terms?

The challenge is to present a certificate that the pinata interprets as being signed by the CA at the bottom of the page. If you succeed in doing so, you will be given the information required to transfer all of the BTC out of the address listed on that page.

Even less technical:

A bunch of people write crypto software, and want to find out/demonstrate how secure it is. They do so by setting up a system that will transfer ~$2k worth of bitcoins to the first guy who breaks it.

Re: The Bitcoin Piñata

#10

Post by amirmc » Tue, Feb 10, 2015, 4:14 PM UTC

Tuna-Fish wrote: post #9

chrisrhoden wrote: post #3

Earlier quoted context omitted.

The challenge is to present a certificate that the pinata interprets as being signed by the CA at the bottom of the page. If you succeed in doing so, you will be given the information required to transfer all of the BTC out of the address listed on that page.

Even less technical: A bunch of people write crypto software, and want to find out/demonstrate how secure it is. They do so by setting up a system that will transfer ~$2k worth of bitcoins to the first guy who breaks it.

> "and want to find out/demonstrate how secure it is"

As the page (and my post) emphatically state, this contest cannot prove anything about how secure it is. That distinction is really important.