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Less than 9% of current Bitcoin supply using obsolete Pay-to-Public-Key (P2PK) method would be in danger. Instead of ranting in public maybe study subject like
by nabla9 2y ago
Less than 9% of current Bitcoin supply using obsolete Pay-to-Public-Key (P2PK) method would be in danger.
Instead of ranting in public maybe study subject like hour or so.
- r33b33 2y agoPlease educate me how that is the case. It could derive private key from public key.
- nabla9 2y agoOther methods don't reveal the key.
- r33b33 2y agoWhat "other methods"?
- nabla9 2y agoP2PKH,P2SH,P2WPKH,P2WSH,P2TR
- r33b33 2y ago> Spelunking for Bitcoin by generating all possible keys and checking their account balances is not prevented by PQ algorithms. And how will you solve this?
- nabla9 2y agoQuantum computers are not magic. Only quadratic speedup for most problems, like search. That's why hash functions with key size 256 or higher are safe, for example.
- tromp 2y agoThey at least reveal it when publishing a spending transaction, opening a roughly 10 minute window for finding the private key and publishing a double spend with a much higher fee to steal the funds.