Bitcoin cash abc roger ver

May 2, 2021 / Rating: 4.8 / Views: 514

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Forgot bitcoin password

Stefan Thomas, a German programmer based in San Francisco, forgot a password that would allow him to access 7,002 bitcoin, which could be worth $ 220 million this week. According to The New York Times , the password will allow Thomas to unlock a small hard drive, called the Iron Key, which holds the keys to a digital wallet containing 7,002 bitcoin. According to the American media, Thomas lost the document where he wrote the key to his Iron Key years ago and so far he only has two attempts to gain access. Otherwise, the device will encrypt your content forever. Thomas is not the only one who has lost his money in this way, according to the New York Times article citing Chainalysis “of the existing 18.5 million bitcoin, around 20 percent, currently worth around 140 billion of dollars, seem to be in lost or stranded wallets ”. This is due to the characteristics of cryptocurrencies, which, unlike traditional bank accounts or online wallets such as Pay Pal, do not have any institution or company that stores or can restore lost or forgotten passwords. Stefan Thomas, a German programmer based in San Francisco, forgot a password that would allow him to access 7,002 bitcoin, which could be worth $ 220 million this week. According to The New York Times , the password will allow Thomas to unlock a small hard drive, called the Iron Key, which holds the keys to a digital wallet containing 7,002 bitcoin. According to the American media, Thomas lost the document where he wrote the key to his Iron Key years ago and so far he only has two attempts to gain access. Otherwise, the device will encrypt your content forever. Thomas is not the only one who has lost his money in this way, according to the New York Times article citing Chainalysis “of the existing 18.5 million bitcoin, around 20 percent, currently worth around 140 billion of dollars, seem to be in lost or stranded wallets ”. This is due to the characteristics of cryptocurrencies, which, unlike traditional bank accounts or online wallets such as Pay Pal, do not have any institution or company that stores or can restore lost or forgotten passwords.

date: 02-May-2021 11:22next


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