Ask HN: What physically happens when a Bitcoin is stolen?

1 pointsby cl8tonover 11 years ago

I understand the block chain and mining, but what is it the thief takes when we read about bitcoin theft? Is it the private key?

2 comments

a3voicesover 11 years ago

Usually the thief gains access to an online wallet, and then sends the coins to one of his addresses. No private keys are usually involved.

QuantumGoodover 11 years ago

You might want to repost as Ask HN: etc