Estimated 4 million Bitcoin is lost forever

in #crypto6 years ago

As much as 20 percent of all the bitcoin in existence is lost forever according to chainalysis , a research firm . The failure of uses to create robust methods of password storage meant as much as $20 billion of bitcoin is locked out of reach. Wallet Recovery services, a startup dedicated to recovering lost paswords using millions of permautations says that the success level is around 30%.

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