Re:How to compute a 256 bit elliptic curve key with 50M Toff...
by survirtual on Monday June 19, 2023 @01:15PM
(#36393711)
Encrypted comms has a problem.
Crypto does not, for a lot of reasons, but biggest I can think of is that hashing is still one-way, public keys are hidden (until used, which is why it is important to expose your public key only when using funds).
When there is a viable ECC attack vector, it will not be much effort to migrate to a more mature PQC. Better to wait as long as possible, maybe even have a crypto built on PQC to field test it with money on the line -- a few billion in market cap goes a long way to incentivizing breaking the crypto involved.
Crypto does not, for a lot of reasons, but biggest I can think of is that hashing is still one-way, public keys are hidden (until used, which is why it is important to expose your public key only when using funds).
When there is a viable ECC attack vector, it will not be much effort to migrate to a more mature PQC. Better to wait as long as possible, maybe even have a crypto built on PQC to field test it with money on the line -- a few billion in market cap goes a long way to incentivizing breaking the crypto involved.