3 ms·
We already know that the encryption behind BitCoin is sound. But every time encryption has been challenged in recent days it's been because of a bug in the impl
by Aqueous 13y ago
We already know that the encryption behind BitCoin is sound. But every time encryption has been challenged in recent days it's been because of a bug in the implementation of that encryption. It is never due to some ingenious brute force algorithm that actually breaks the key.
The question we really need to be asking is - have all the major vulnerabilities in the implementation of BitCoin - the ones that could actually threaten its existence - been discovered? Are we sure?
I say this as someone who has been evangelizing to everyone he knows about BitCoin.
- aosmith 13y agoI agree with you but for those who understand the concept behind bitcoin but not encryption this graphic really helps to explain that the majority of problems are not encryption related.