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I expect you'd see a large increase in Bitcoin Days Destroyed, perhaps unrelated to market volume, should someone break ECDSA. Bitcoin uses ECDSA to validate w

I expect you'd see a large increase in Bitcoin Days Destroyed, perhaps unrelated to market volume, should someone break ECDSA. Bitcoin uses ECDSA to validate whether coins were spent by the owner of an address. https://en.bitcoin.it/wiki/Elliptic_Curve_Digital_Signature_Algorithm https://en.bitcoin.it/wiki/Elliptic_Curve_Digital_Signature_...

jleahy 4y ago
The modern wallets don’t publish the public key though, so this is not likely to help.
- baby 4y ago
  That's only Bitcoin though
  - jleahy 4y ago
    He did say bitcoin specifically.
rvz 4y ago
Well good thing that some of the cryptographers that created Falcon [0][1] (the ones who developed Algorand) for post-quantum cryptography for digital signatures use cases is considered to be 'standardised' as such. This tells me that Algorand is one of the more serious blockchain projects out there with top cryptographers as evidenced by Falcon. [0] https://falcon-sign.info https://falcon-sign.info [1] https://github.com/algorand/falcon https://github.com/algorand/falcon