Trustless Custody vaults rely, in part, on the security guarantees of the Veracrypt software. For this reason, we have created a public bounty available to the first person who can demonstrate the ability to crack the Veracrypt encryption.
We have placed the private key to a Bitcoin wallet (address bc1qrxqtg00uvwreeuxkmp6v8k42sf98lcceqg2a6e) inside a 1MB Veracrypt container. If you were able to crack the encryption on this container, you could instantly access all of the Bitcoin inside it. You can see the current bounty amount and value at the block explorer page.
Of course, we fully expect that nobody will ever successfully crack this Veracrypt container, doing so shouldn’t be possible until around the heat death of the universe. You are welcome to contribute to the value of this bounty by sending BTC to this address. By doing so, you inherently surrender all rights of ownership or otherwise for the BTC you send.
The private keys for this wallet were generated on an offline machine. In the event that a security flaw is found in Veracrypt, we will update the vault to the newest version of Veracrypt.
Need to protect your crypto, documents, or other valuable secrets? A Trustless Custody vault is a full self-custody solution that offers you the best in security and convenience.