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So here I am, sharing this little website called warp-wallet. For those of you who don't know, it's a deterministic bitcoin wallet generator which uses scrypt and pbkdf2 to generate a key-pair for your address based on the passphrase(similar to brainwallet).

Scrypt makes it difficult to crack since it uses lot of memory.

The website lists the formula as:

s1=scrypt(key=(passphrase||0x1), salt=(salt||0x1), N=218, r=8, p=1, dkLen=32)
s2=pbkdf2(key=(passphrase||0x2), salt=(salt||0x2), c=216, dkLen=32, prf=HMAC_SHA256)
keypair=generate_bitcoin_keypair(s1 ⊕ s2)

Here's the challenge:

You can also go the website to find more details about the challenge and how the wallet works, here.

I'm aware that it's very difficult, maybe even close to impossible but you can't really determine the capabilities of a community like this one. Moreover the prize is $12,000 which is on par if not more than an average successful post on steemit.

If no one can crack this challenge then maybe it's safe to say that warp wallet is secured enough. The author must have had enough confidence in his software thus risking such a huge amount.
Use at your own risk. I/the web-site Admins won't be responsible for any thefts.

Good luck!

Creators of warp wallet: Max Krohn and Chris Coyne

I'll share 70% of the revenue with the authors provided they communicate back.

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