Wasabi Pockets, together with 12 different bitcoin initiatives and firms together with Blockstream, BTCPay and Trezor, are working collectively to prepare a Bitcoin world treasure hunt referred to as “Looking Sats.”
For a full week beginning on January 23, 2023,, the entities concerned will likely be revealing seed phrases of a bitcoin pockets that comprises 3,454,811 sats. The businesses invite all Bitcoiners to try to crack that bitcoin pockets and declare all of its sats.
The announcement despatched to Bitcoin Journal describes how brute forcing would be the technique that may permit contributors to crack the seed, saying “For this sport, brute-forcing a bitcoin pockets means discovering the seed phrases and a passphrase, on this case, arranging them in the fitting order and utilizing the ensuing backup as a option to get better the pockets’s funds. There are lots of methods to attain this and normal data about bitcoin wallets, script sorts, derivation paths, checksums, passphrases and BIP-39 seed phrases will likely be useful … As extra phrases are revealed, brute-forcing will get simpler, so time is ticking as individuals from around the globe compete to crack the pockets.”
A 12-word, passphrase-protected bitcoin handle (BIP39) generated a BTC handle which now holds the sats up for grabs. Every phrase from the pockets, together with the passphrase, have been shared with the 12 companions. Over the week beginning with January 23, every companions will share their phrase utilizing the hashtag #HuntingSats. On the finish of the week, if nobody has efficiently accessed the bitcoin, extra hints will likely be shared.
The companions concerned embrace:
For all normal data relating to the competition, together with updates in regards to the phrases which have been revealed to the general public, go to HuntingSats.com.