The website began not as a crypto trading platform, but as a
way for fans of the card game Magic The Gathering to trade cards with each other. Founder Jed
McCaleb bought the domain name www.mtgox.com and intended to create a website called “Magic The
Gathering Online Exchange” (hence MTGOX).
Multibit described itself as “a secure, lightweight,
international Bitcoin wallet for Windows, MacOS and Linux.” The wallet was initially hosted on
MultiBit.org. An attempt to access MultiBit today is met with the message, “Multibit is
Deprecated - Do Not Use.”What happened to the Bitcoin wallet that was reported to have been
downloaded 2 million times?
The Blockchain wallet is what is known as a "hybrid" wallet.
This means that the company stores an encrypted version of your wallet's private key on their
servers, but it does not store your password. This article documents a process you can use that
may allow you to recover your password yourself.
A cross chain deposit is when you accidentally send one type
of coin (such as Bitcoin) to a different type of coin's address (such as Bitcoin Cash). This
often happens when sending funds between different ERC20 tokens or when a hard fork results in
two crypto assets having the same format for their addresses. Cross chain transactions often
happen between Bitcoin and Bitcoin Cash, as well as Ethereum and Ethereum Classic.
At Crypto Asset Recovery, we often hear the question "I
created a Bitcoin account back in 2014, but I'm not sure where my wallet is. Can you help me
find it?"In general, we can't find it for you. We would need access to too many of your accounts
(email, dropbox, etc) and possibly your computers themselves.But, that said, with a little
legwork there's a good chance you can find the account yourself.
Typically a wallet may store Bitcoin at a few of these
addresses, but not all of them. However, all of the addresses are secured with the same
password.If you have a qualifying wallet, you can extract the portion of the wallet responsible
for authentication (the Master Key and the Salt) and a couple of the Bitcoin addresses which do
not contain Bitcoin. We can then test passwords against the Master Key.
