The Siacoin/Bitcoin Bounty
Sia is secure. Bottom line. We put up ~$2000 (.25 BTC) to prove it.
People sometimes have concerns about the security of the data stored on the Sia network. Your data is being stored on unknown storage providers (i.e. hosts’ computers), so how can you trust them?
The Sia Network uses Reed Solomon Erasure Coding to split up the data and store it across multiple hosts. All Sia data is encrypted by default using Threefish, a modern symmetric cipher designed by Bruce Schneier. No practical attack on this cipher has ever been demonstrated. If you can steal my data from the Sia network, you can break Threefish encryption.
The Bounty
Here’s the Bitcoin wallet: https://www.blockchain.com/btc/address/bc1qta34d4r20t0a02f74yg6n0x9naddxqx2qh3q6e
It’s simple. I have uploaded the private key for this Bitcoin to the Sia network. To make things even easier, I am announcing the hosts that I am storing this data with: https://gist.github.com/nitronick600/6cd8bf005d75d404b0fa1e2e578cedbe
Note: On Sia, only the user has access to the list of hosts they are storing data with. So in a normal scenario, no one else knows where the data is stored.
If you can decode the data on Sia referenced by these file contracts, the BTC is yours! Send me an email at nick@luxor.tech to tell me how you did it, and I’ll double the reward.
We’ll leave the BTC for the length of the contract (4 weeks from today 11/21). Happy Hacking!
About Luxor
We operate the largest Siacoin mining pool, alongside 10 other pools including Bitcoin.
