{"id":86686,"date":"2023-11-07T11:07:01","date_gmt":"2023-11-07T09:07:01","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86686"},"modified":"2025-09-13T07:09:32","modified_gmt":"2025-09-13T04:09:32","slug":"estonian-to-create-ai-version-of-himself-to-recover-ethereum-wallet-password","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/estonian-to-create-ai-version-of-himself-to-recover-ethereum-wallet-password\/","title":{"rendered":"Estonian to create AI version of himself to recover Ethereum wallet password"},"content":{"rendered":"<p>Rain Lohmus, co-founder of Estonia&#8217;s LHV Bank, has lost the password to a wallet containing 250 000 ETH (more than $473 million at the time of writing) and intends to recover it with the help of artificial intelligence. He told <a href=\"https:\/\/news.err.ee\/1609149382\/rain-lohmus-government-is-working-to-bring-back-feudalism\">ERR<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2126138h7c44t74-1024x640.jpg\" alt=\"2126138h7c44t74\" class=\"wp-image-219509\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/2126138h7c44t74-1024x640.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/2126138h7c44t74-300x188.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/2126138h7c44t74-768x480.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/2126138h7c44t74.jpg 1344w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Rain Lohmus. Data: ERR.<\/figcaption><\/figure>\n<p>The coins were obtained by the businessman during the Ethereum ICO <a href=\"https:\/\/etherscan.io\/address\/0x2b6ed29a95753c3ad948348e3e7b1a251080ffb9\">in July 2015<\/a>. Since then they had lain dormant. At that time the purchase price was $75,000.<\/p>\n<p>On November 10, 2021, when the price of Ethereum reached <span data-descr=\"All-Time High \u2014 historical maximum\" class=\"old_tooltip\">ATH<\/span>, Lohmus\u2019s holdings reached $1.22 billion. But even the current balance is roughly equivalent to the value of his stake in his core business.<\/p>\n<p>The businessman admitted that he lost the wallet password and had not put much effort into recovering it. Nevertheless, he is now prepared to accept third-party help on the matter and even to turn to the latest technologies:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;My plan is to create Rain Lohmus as an AI and see if he can recover his memories&#8221;.<\/p>\n<\/blockquote>\n<p>The Estonian described the possibility of losing access to funds as a &#8216;weak point&#8217; of blockchain.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;This makes one think that this perfect decentralisation carries with it other risks that you don&#8217;t usually consider&#8221;, \u2014 he added.<\/p><\/blockquote>\n<p>In April 2023, an unnamed participant in the Ethereum ICO <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-ico-participant-moves-coins-for-the-first-time-in-almost-eight-years\"> moved the coins for the first time in almost eight years<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Co-founder of Estonia&#8217;s LHV Bank Rain Lohmus has lost the password to a wallet containing 250 000 ETH and intends to recover it with the help of artificial intelligence.<\/p>\n","protected":false},"author":1,"featured_media":86687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[438,35,46],"class_list":["post-86686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-artificial-intelligence","tag-estonia","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"54","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=86686"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86686\/revisions"}],"predecessor-version":[{"id":86688,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86686\/revisions\/86688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/86687"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=86686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=86686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=86686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}