The nodejs implementation of the wallet generator uses userspace tools to generate entropy instead of getting access to real hardware entropy via the kernel. In this case, NodeJS GetRandomBytes (which is used to generate the ETH wallet) uses OpenSSL to generate entropy on the system.
This is a problem and has caused collisions in crypto before.
What needs to happen is for NodeJS to actually use a good RNG algo to make its wallets.
On top of this, the wallet address length is limited to only 155 bits in order to fit IBAN.
The moral of the story is that the wallet collision seen today has NOTHING to do with ethereum, it's simply the result of a shitty third party tool. NodeJS already has a pretty bad reputation, this will only hurt them more.
So basically it's not a problem with ETH, but a problem with a particular method of generating wallets?
The method of generating wallets is not sufficiently random (due to NodeJS GetRandomBytes), so if conditions are similar, the same wallet will be generated again?
Kayden Robinson
Now the question is how many people actually use Node.js-based wallets
It takes 3 months to get one wallet code, at that was by luck
U r by far the worst crypto pirate ive ever heard of
Lincoln Cruz
but you have heard of him
James Miller
Did he actually talk about this? I know Templeos has its own RNG / oracle program.
Nathaniel Stewart
Upvoted
Easton Collins
>mfw all ETH wallets are based on node.js
LMFAO, ETH IS FUCKING FINISHED.
Grayson Collins
gg ETH, bitbean anyone?
Nathan Garcia
You can't do shit and don't even understand the tech.
Kayden Turner
huh?
Kayden Watson
Selling my stash and shorting here
Christian Johnson
FUD you are all faggots
Henry Nelson
>tfw myetherWallet is running on parity who use node.js
Jeremiah Anderson
Well, eth is sure getting ready to do...something...
Carson Reyes
seems like a good place to drop this.
Last summer after the DAO hack everyone in the tech community thought ethereum was basically dead and a shitty technology.
Did anything change? Just a few exchanges adopted eth and normies started buying shit they don't understand? I'm so confused by this. The entire project and having turing complete smart contracts is a joke. I especially hate when fags say "it's more complex than bitcoin!!!" like that is a good thing. You know nothing about software. This is a horrible thing. Single purpose modules are the key to software. Ethereum seems like a half baked ambitious idea and then they put a blockchain onto it because cryptos were popular and an easy way to raise funds for the project. The entire thing is basically a scam. In a few months they'll launch a crippled poker app (online poker has been around since the late 90s) and claim it a triumph and technological marvel. Fuck this scamcoin and all you pumpfags buying shit you don't understand.
Wyatt Morris
...so all those companies who got on board with the EEA are all getting scammed too?! Really activated my almonds...
Zachary Allen
so where can i find this github?
Parker Carter
>i-it's just a scam guys!
t. someone that didn't get to buy in when ETH was $40
Luke Edwards
>mfw you're right >myEthWallet coincidentially had 1.2 ETH out of exchange wallets and different cryptos
Ethan King
Node is a great thing, so much possibility and flexibility. It just has the whole JavaScript problem, allowing people to do dumb shit. I hate JavaScript, but I love the flexibility of node.
Shame that this problem wasn't caught sooner.
Nathaniel Johnson
Please stop falling for the fud guys. I know what he is saying may seem scary, but the randomness that is being used is cryptographically strong. This means that there are no patterns in it that we could use to narrow the key space. OpenSSL's randomness has been audited by both humans and by programs (which test the data to measure how "random" it is).
Xavier Ramirez
in b4 ethereum's 2nd colossal failure
how many of you even know about the DAO? and then they forked it undermining the fundamental tenets of crypto.
lmfao yall niggas just punting off stacks into shitcoins without having a clue
Robert Hughes
I laugh with the force of a thousand keks at the sight of these butthurt, moronic fucking idiots posting the most obvious FUD in the history of crypto.
Your day of the rope is coming. Until then, keep making me cry laughing