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What is a Bitcoin BrainWallet? 2020
The 2019 CQF Bitcoin Code Cracking Challenge and Random Giveaway
The 2019 CQF Bitcoin Code Cracking Challenge and Random Giveaway
Imagine you are trying to capture a spy that is receiving funds from their handler through a secret code in a YouTube channel. You want to identify how they are moving money in order to bring down the entire operation. Your job: crack the code A secret passphrase has been hidden in the Crypto Quantamental YouTube channel. CQF will be posting clues all throughout the year to help you solve the code (see the bottom of this post). If you crack this passphrase you’ll get access to this wallet: 19WQ2RMuM6tC98CGxJUgSK8BgFHytKdLdE
Right now, the wallet has about 1 bitcoin in it.
Non-code breakers will still have 10 chances at winning 20% of the wallet balance through random draws in 2019!
The ultimate goal of this challenge is to spread education to people through the CQF YouTube videos. Those videos include education on financial markets, technical analysis, risk management, foundational concepts, and much more! This challenge is designed so both code breakers and non code-breakers can participate and potentially learn something new! If the code is not cracked by December 31, 2019 CQF will simply reveal the entire cipher. Then it is a race to see who can solve it first!
How to win up to 20% of the wallet in one of the 10 random drawings
7.0% if you can correctly guess one of the 'phrases' in the secret passphrase (GOOD LUCK!)
Full case sensitive requirement (space to space)
You can either guess via the Google Form or simply tell me your guess if you win a draw
Note: If you are caught lying about any of the above (for example signing up, or subscribing) then you will be immediately disqualified from the draw. The winner must have 10 followers, 10 tweets, and 10 followings in order to help avoid spam accounts. The winner must DM cryptoqf within 24 hours of drawing to claim their winnings (must provide a btc address). The winner can then guess the part of the secret pass phrase for a 7% winning boost. The winner must be able to prove all claimed winning boosts such as YouTube subscribing/comments or signing up to the various platforms. All actions to receive a winning boost must have occurred prior to being selected as a winner. The random drawings end if the code is cracked and the wallet funds are claimed.
Three ways to win:
Code crackers: Find the secret passphrase located within the Crypto Quantamental YouTube channel. CQF will be posting clues all throughout the year that will help you crack the code.
Non-Code crackers: There will be 10 random drawings where you can win up to 20% of the BTC found in the wallet. The dates of the drawing will be on or about 3/15/19, 4/15/19, 5/15/19, 6/15/19, 7/15/19, 8/15/19, 9/15/19, 10/15/19, 11/15/19, and 12/30/19. If the code is cracked before a drawing date the drawing will not occur (competition ended).
Everyone: CQF will post (across various platforms) the cipher on 12/31/2019, detailing exactly how to find the secret passphrase. At that point it is simply a race to see who cracks it first!
How to check if your guess at the passphrase is correct:
Go to brainwallet.io
Type in your passphrase guess, including generic salt
If public key matches the above then make note of the private key
Then go to blockchain.info
Create a wallet
Import the private key for the secret wallet
Transfer the BTC to your account!
Clues for code crackers:
CQF will post clues to help you crack the code. These clues will be found on future YouTube videos.twitter posts, and other platforms. You will not need all clues in order to crack the passphrase. Some clues will be more obvious than others. On average there will be multiple clues per week. Initial Clues (check Twitter and YouTube for other initial clues):
Forget the daily updates
Let's just play
First find the salt!
Interested in Contributing or Sponsoring?
Reach out to @cryptoqf on twitter. Sponsorship opportunities will vary depending on the phase of the competition. CQF will happily do reviews, interviews, or make your own code cracking challenge etc. for a contribution into the unclaimed wallet. Feel free to support this educational effort by donating directly into the wallet: 19WQ2RMuM6tC98CGxJUgSK8BgFHytKdLdE
CQF has received no compensation, in either BTC or USD, for this challenge. Future compensation, if any, will be tied to potential referrals and YouTube advertising (so basically none!). At launch date all contributed bitcoin to the unclaimed bitcoin wallet was donated directly by CQF. Any and all contributions to the challenge will go directly into the unclaimed bitcoin wallet. None of this should be considered financial advice or a recommendation to use any service. Please do your own research. Dates and rules are subject to change. Cryptocurrency investing and trading has the risk of major loss, so please consult with your own financial advisor that understands your own personal financial situation.
Brainwallet, found online at Brainwallet.io, generates deterministic bitcoin addresses for you.Find out how it works today in our review. What is Brainwallet? Brainwallet is a deterministic bitcoin address generator. The website lets you generate an address, then store bitcoin “in your brain” by remembering your passphrase and salts. This explains that you need to store bitcoin in your brain by memorizing your passphrase as well as salts. The address generation happens to be in your browser, and no data is ever sent to the server. The site’s Github repository can be examined for those of a wary disposition, and if you are thinking about a brainwallet, that’s you. There’s also Brainwallet.io, a deterministic Bitcoin address generator, which appeared online in 2015 and is licensed under the MIT License (MIT). It enables you to keep your passphrase in your memory after generating an address in your browser. The tool promises zero data retention, and the Github storage of the site can also be inspected for those of a cautious disposition – and if you ... The web Wallet created on DEX is a secure blockchain-based wallet which allows users to generate their BNB address and control their private keys. Users have to keep their pvt keys in a secure place because losing Pvt key means loss of the fund. Even Binance will not be able to help you if you missed the keys. Users can send and receive BNB tokens as well as other assets active on the Binance ... Bitcoin wallets comprise of passphrases meant to enhance the security of the owner’s investments. Now, what happens when the owner forgets the passphrase? One bitcoin investor has purportedly lost access to funds exceeding $12.9 million. He lost his possession after failing to record the passphrase for his wallet. A Bitcoin wallet is the combination of a public address and a private key. In the past we’ve talked about different kinds of Bitcoin wallets. Hot wallets which are connected to the Internet, mobile wallets which are installed on your mobile phone and cold storage wallets like You can verify your Bitcoin Cash (BCH) balance by using our block explorer and scanning the public address on your paper wallet (we recommend using your phone’s camera for that). You can scan your address by clicking the small QR code icon right next to the search bar. You can also verify your balance by typing in your public key to the search bar. A Bitcoin wallet is as simple as a single pairing of a Bitcoin address with its corresponding Bitcoin private key. Such a wallet has been generated for you in your web browser and is displayed above. To safeguard this wallet you must print or otherwise record the Bitcoin address and private key. It is important to make a backup copy of the private key and store it in a safe location. The Bitcoin brainwallet is one that resides only in your memory. It basically allows you to store your Bitcoins in your mind. Login to Your Account . Username or Email Address. Password. Remember Me. Personal Details [ultimatemember form_id=16587] Search for: Crypto Ticker. Name Price ; Bitcoin (BTC) $10,116.53. Ethereum (ETH) $337.56. XRP (XRP) $0.238309. Bitcoin Cash (BCH) $223.41. Litecoin ... Brainwallet Users Beware: Hackers Scan Bitcoin’s Network 24/7 for Popular Passphrases Author: Anthonia Isichei Last Updated Oct 14, 2020 @ 19:46. According to a recent report published by BitMEX Research, hackers are scanning Bitcoin’s network 24/7 in search of familiar and easy to crack passphrases. Brainwallets, especially those generated with passphrases from popular culture references ...
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