In early 2018, Dan Reich and a friend decided to spend $50,000 in Bitcoin on a batch of Theta tokens, a new cryptocurrency then worth just 21 cents apiece. At first, they held the tokens with an exchange based in China, but within weeks, a broad crackdown on cryptocurrency by the Chinese government meant they would soon lose access to the exchange, so they had to transfer everything to a hardware wallet. Reich and his friend chose a Trezor One hardware wallet, set up a PIN, and then got busy with life and forgot about it. Computers won up cracking bitcoin wallets Indeed, the only way to spend this script is by providing a witness that cracks this problem. In formal languages lingo, in this case x = 6fe28c0...00000 and w is the witness.

Https://www.wsj.com/articles/why-hackers-use-bitcoin-and-why-it-is-so-difficult-to-trace-11594931595 Alan Turing Tom's Hardware is part of Future US Inc, an international media group and leading digital publisher. Visit our corporate site.