Re:Cryptography behind the top cryptocurrencies
by ben_w on Monday March 22, 2021 @09:06AM
(#26540225)
I thought the cryptographic basis for BTC was supposed to not be susceptible to Shor’s algorithm, or indeed any known quantum speedup?
Re:Cryptography behind the top cryptocurrencies
by chrispeel on Monday March 22, 2021 @07:37PM
(#26548986)
https://medium.com/drive-insider/the-quantum-attack-on-bitco...
Not just Bitcoin, and not just all other popular cryptocurrencies, but all your web traffic and more are all susceptible to quantum attack.
Re:Cryptography behind the top cryptocurrencies
by ben_w on Tuesday March 23, 2021 @05:13AM
(#26552722)
Conversely: https://crypto.stackexchange.com/questions/59375/are-hash-fu...
Indicates the best known quantum speedup square roots the search space, and the search space in SHA256 is still too big to search exhaustively.
https://en.wikipedia.org/wiki/Elliptic-curve_cryptography#Qu...