this post was submitted on 21 Jun 2025
-2 points (41.7% liked)

Videos

16221 readers
212 users here now

For sharing interesting videos from around the Web!

Rules

  1. Videos only
  2. Follow the global Mastodon.World rules and the Lemmy.World TOS while posting and commenting.
  3. Don't be a jerk
  4. No advertising
  5. No political videos, post those to !politicalvideos@lemmy.world instead.
  6. Avoid clickbait titles. (Tip: Use dearrow)
  7. Link directly to the video source and not for example an embedded video in an article or tracked sharing link.
  8. Duplicate posts may be removed

Note: bans may apply to both !videos@lemmy.world and !politicalvideos@lemmy.world

founded 2 years ago
MODERATORS
Flutter@lemmy.world
Ghostalmedia@lemmy.world
can@sh.itjust.works
qaz@lemmy.world
qaz@lemmy.blahaj.zone
-2
Why Israeli Hackers Just Burned $90M of Crypto 10:59 (odysee.com)
submitted 1 week ago by Pro@reddthat.com to c/videos@lemmy.world
4 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] SolidShake@lemmy.world 2 points 1 week ago (2 children)

How can you burn a digital thing?

[–] ChaoticNeutralCzech@feddit.org 3 points 1 week ago* (last edited 1 week ago) (1 children)

The term is not always literal. By destroying the only copy of the wallet's private key, the funds become irrecoverable unless the cryptography is broken, which would destroy all of the currency's value. And yes, the private key can be literally printed and burned.

Edit: they sent it to nonexistent Dogecoin addresses, meaning that in all likelihood there is no private key to theoretically reverse-compute.

[–] Venator@lemmy.nz 1 points 1 week ago

irrecoverable unless the cryptography is broken, which would destroy all of the currency's value

Unless you manage to break the cryptography and keep it a secret 🤑 😂