Austin Griffith Demonstrates How Fast Bots Can Drain Weak Ethereum Keys
By Unchained
AI summary of the source article
Ethereum Foundation's Austin Griffith demonstrated how quickly automated bots drain weak private keys. A wallet using an easily guessable private key was drained within 12 seconds of receiving a deposit.
Key facts
- A deposit of 0.0004 ETH to private key 6969 was drained by a bot within 12 seconds.
- The test followed a security failure at eMudhra, where compromised certificate keys were numbers below 256.
- On Ethereum mainnet, every address for private keys 1 through 255 has already sent transactions.
Source excerpt · Unchained
The Ethereum Foundation's Austin Griffith put about $1 behind an easy-to-guess private key, and bots tried to take it within seconds. The post Austin Griffith Demonstrates How Fast Bots Can Drain Weak Ethereum Keys appeared first on Unchained .