In online banking, the banks generate account numbers.  An attacker cannot 
generate their own account number and the likelihood of an attacker having the 
same account number that I am trying to transfer funds to is low and this is 
why OCRA is effective with online banking.

With Bitcoin, the Bitcoin address is comparable to the recipient’s bank account 
number.   I now see how an an attacker can brute force the bitcoin address with 
vanitygen.  Is there any way to generate an 8 digit number from the bitcoin 
address that can be used to verify transactions in such a way (possibly with 
hashing?) that brute forcing a bitcoin address would take longer than a 
reasonable period of time (say 60 seconds) so a system could time out if a 
transaction was not completed in that time?

I’ve also looked into BIP70 (Payment Protocol) that claims protection against 
man-in-the-middle/man-in-the-browser (MitB) based attacks.  A common way to 
protect against this is with out-of-band transaction verification 
  I see how BIP 70 verifies the payment request, however, is there any way to 
verify that the transaction signed by the wallet matches the request before it 
is sent to the blockchain (and how can this support out of band verification)?  
Perhaps this is something that can only be supported when sending money with 
web based wallets.

Brian Erdelyi
Dive into the World of Parallel Programming. The Go Parallel Website,
sponsored by Intel and developed in partnership with Slashdot Media, is your
hub for all things parallel software development, from weekly thought
leadership blogs to news, videos, case studies, tutorials and more. Take a
look and join the conversation now.
Bitcoin-development mailing list

Reply via email to