Blogs & Articles: Dolphins: The Collapse Of Bitcoin đ 2 years ago
- Category: Blogs & Articles | nopara73 on Medium
- Author(s): nopara73
- Published: 13th February 2022 14:37
On Feb 13, 2022, a new Bitcoin attack vector was discovered by a pseudonymous Twitter contributor.
fear is the mind killer đđ I âŁď¸ âĄď¸I â/21M on Twitter: "what if dolphins develop evil powers and seize all hardware wallets from boating accidents? / Twitter"
what if dolphins develop evil powers and seize all hardware wallets from boating accidents?
ob_hodl formerly known as crypto_pirate is raising a concern about the Bitcoin reserves of the dolphin society. I verified his claim and indeed there are a worrisome number of boating accident reports in the Bitcoin community: only in this Reddit thread hundreds of users are reporting about their boating accidents. The situation is the same in other social media platforms.
The question is: how many bitcoins could the dolphins potentially own?
Based on Chainalysisâ dataset, dolphins have accumulated potentially up to 3.7 million bitcoins and counting. This is 1/4 of the total Bitcoin supply that will ever exist.
Dolphin Psyop Conspiracy
SAMPO on Twitter: "Maybe they are causing all the boating accidents? pic.twitter.com/MEV3oDlruv / Twitter"
Maybe they are causing all the boating accidents? pic.twitter.com/MEV3oDlruv
A Penny for your Sats on Twitter: "What if the whole boating accident meme was a dolphin psyop from the beginning?https://t.co/QK0o1pjiyc / Twitter"
What if the whole boating accident meme was a dolphin psyop from the beginning?https://t.co/QK0o1pjiyc
Silence From Bitcoin Core
I reached out to Pieter Wuille, Bitcoin Core contributor and maintainer, but no comment was made on the matter.
nopara73î¨ on Twitter: ".@pwuille how will #Bitcoin Core mitigate the dolphin attack vector? https://t.co/RdFVcZRUtO / Twitter"
@pwuille how will #Bitcoin Core mitigate the dolphin attack vector? https://t.co/RdFVcZRUtO
Censorship at Core?
I investigated Bitcoin Coreâs repository and I did not find a single mention of âdolphins.â One can only assume the censors are hard at work.
Anonymous Bitcoin Wallet Sides With Dolphins
A Bitcoin neutrality debate was sparked by the most popular privacy focused Bitcoin software: Wasabi Wallet took the side of the dolphins, making wannabe competitors questioning if Wasabi Wallet is actually ran by marine mammals?
Wasabi Wallet on Twitter: "Bitcoin doesn't care if you're a dolphin. #Bitcoin does not discriminate. / Twitter"
Bitcoin doesn't care if you're a dolphin. #Bitcoin does not discriminate.
Fundoz Are Safu
To avoid misunderstandings, itâs important to note that dolphins did NOT hack Bitcoin. If you did not lose your coins in a boating accident, you have nothing to worry about.
To protect against dolphin attacks, make sure to properly backup your wallet by writing down your recovery words. More often than not, you should be able to rescue your funds before the dolphins get there.
