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Old 03-12-2025, 06:55 PM  
Pad
elephants dont swat flies
 
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Join Date: Aug 2003
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bitcoin security (technical writeup)

whatup gfy? let's chat magic internet money

i publicly released 5 new remote bitcoin attacks on x yesterday. exploit code: https://pastebin.com/raw/y3CNtJB2 (golang)



the reason i opted for a blackhat public disclosure is because the maintainers of bitcoin are fucking crazy people that think this shit is ready to be an international reserve currency. it isn't - and trump's advisors have no fucking clue. sadly, i think only a handful of people in the world do - at most. let's change that.

each attack could be modified for a botnet that crawls the network, peers into every node in the network with evil client threads and attacks this international monetary system from within like the friends of many of our industry leaders.

i've found more blockchain d/dos exploits than anyone else and by a lot. people think i'm being exaggerative when i share my discoveries. it seems too grandiose to retards. gfy is comprised largely of ogs who've made miracles happen. i don't anticipate much npc disbelief, nor do i anticipate going over too many people's heads - but i'll dumb it down to get the information out.

satoshi's final post on bitcointalk showcased his inability to solve the d/dos issues: https://bitcointalk.org/index.php?ac...3;sa=showPosts. he more or less shared "wikileaks accepting bitcoin sketched me out - also i can't solve the ddos problem. good luck!" - and the luck never came. i did.

blockchain nodes create perfect denial-of-service environments. they race to share a lot of data as quickly as possible while also performing cryptographic compute. a recipe for disaster. it is possible to program evil nodes that mimic the underlying p2p protocols of these blockchains that behave as ordinary nodes in the network. these evilnodes can perform a variety of attacks, e.g. spamming block header range requests and even pinging faster than a remote bitcoin node can pong. in 2025.

happy to unpack anything - bring it on. where are gfy's best hackers? find your favorite hacker's favorite hacker to this thread so i can laugh hysterically at them and surgically dismantle any dismissive arguments they try to make - which are always rooted in ignorance and incompetency.

bottom line: north korea could pull a nathan rothschild short and subsequent floor scramble. the spam cartel could. anyone with a smedium botnet could. the bad actors would short btc, turn it offline and sustain the attack. in the aftermath - it's fair to assume that the price of a disabled coin would plummet. resourceful actors could make massive otc buys at the floor as soon as a patch is rolled out.

if anyone is a hacker, programmer, thinks they're smart, whatever, bring on the criticism. 10th man principle. if 9/10 people agree on a concept - it's the 10th man's duty to machine gun the concept. to find fault and apply fixes. but i mean - senseless. you can reproduce the exploit. run `bitcoind` on a vps and the script i've supplied on another vps against it. computer science doesn't care about your feeling or your hyper-volatile bags of computergold.

semi-related - and while i'm here - 'reality' is a dreamlike simulation, your brain is a computer, you are a remote node in a human consciousness network and the purpose of life is to identify and solve new problems for a higher intelligence. the meaning is that we are cosmic slaves. there is no moral test - so don't plot/execute evil as a personal executive decision.

this can't be an intl. reserve. something will go wrong and it will look a lot like what i've described itt. i've been ringing alarm bells about this for years. the difference between me and bitcoin core programmers is that i don't conceptualize hypothetical attacks - i do that + come with the exploit code - realizing them.

¯\_(ツ)_/¯
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