damn just got $250k drained from one of my cold wallets

it's so cold there is no way of tracing how that happened

it isn't a large amount of money but i'm kind of dumbfounded by how this happened

can't put my finger on it

cto @ bwl.gg (lunchbreak.com), 80M+ users (bdut.ch) 🙏 built @remindme, @mintit, @gpt, @healthbot, farcantasy.xyz

The probability of two users generating the exact same private keys is extremely low, but not impossible. This is the only explanation I could think of considering that you never used or exposed your wallet to some vulnerabilities or exploits.

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

Web3 and Fintech Lawyer • Data Protection Officer • Tax Practitioner • Trained Negotiator, Mediator, and Arbitrator • Notary Public • Advocate • Entrepreneur

Per the birthday paradox, assuming all addresses are equally likely to occur (which theoretically, it should be), the likelihood of any two collisions occurring is 50% when about 1.42*10^24 addresses are generated. This is why I put it as the least likely scenario, because it’s highly improbable, but not impossible.

There are 2^160 Ethereum addresses. That’s 1 followed by 48 zeroes. There is no chance in this universe that a genuine collision happened.

I’d rather believe that @cassie broke prime factorization and is secretly draining our wallets

Or that @farcasteradmin.eth was the victim of a much more mundane but sly attack

there are infinitely more probable things that could have happened though