Is the Future of ECDSA on Shaky Ground?

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danmoonNewbie
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#1Jul 31, 2024, 12:33 AM
Seriously, we gotta get moving on some protocol proposals already.
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planktonHero Member
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#2Jul 31, 2024, 03:48 AM
Not sure about you, but Taproot upgrades or even a new SegWit branch sound like solid ideas. Maybe even look into multi-signature methods.
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danmoonNewbie
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#3Jul 31, 2024, 07:17 AM
Right now, we should just focus on getting signatures sorted out first.
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ColdGangMember
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#4Aug 1, 2024, 09:49 AM
Super cool to talk about ECDSA + SPHINCS+ and Merkle Trees but tbh, it feels like we’re just patching things up.
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#5Aug 2, 2024, 07:13 AM
Future security looks shaky, and that nTimelock trick? Just a band-aid.
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m1kes4tFull Member
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#6Aug 2, 2024, 08:05 AM
People are diving into curve collapse and log resolution. We don’t have time for outdated infosec practices.
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mr_apeNewbie
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#7Aug 2, 2024, 12:11 PM
Oh great, another FUD wave about supercomputers and QC? Can we stop the panic and just look at real progress in computing? It’s like the same old story every time.
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alex.byteLegendary
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#8Aug 2, 2024, 05:33 PM
Exactly! Seems like a lot of speculation still. Quantum computing isn't even a real threat yet.
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swiftatlasFull Member
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#9Aug 2, 2024, 11:47 PM
I get what you're saying but don’t ignore the potential threat. Your complacency is the real danger.
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ben2019Newbie
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#10Aug 3, 2024, 05:21 AM
Why’s everyone still overreacting about quantum computers taking down Bitcoin? They haven’t even really tapped into what quantum tech can do yet.
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mr_apeNewbie
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#11Aug 4, 2024, 07:26 PM
What’s the rush, though? I mean, yeah, there are talks about potential threats, but it’s not like one guy can solve this whole thing alone.
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danmoonNewbie
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#12Aug 5, 2024, 12:41 AM
There's other classical problems that we should focus on first. By the time quantum becomes a real issue, we’d be ready for it.
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SilentOrbitSenior Member
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#13Aug 5, 2024, 04:07 AM
I got into Bitcoin back in 2014 and we were having the same worries then! Hardware might be better now, but it's still not enough.
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danmoonNewbie
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#14Aug 5, 2024, 06:00 AM
If we’re moving away from secp256k1 totally, then we might as well hard fork. No reason to keep SegWit either in that case.
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SilentOrbitSenior Member
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#15Aug 5, 2024, 09:08 AM
Are they really going to just erase the only 256-bit calculator we have? There's still ways to make it safe, even if ECDSA fails.
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#16Aug 6, 2024, 07:09 AM
I think thinking of quantum computing as a threat is overblown. Breakthroughs might actually improve security in the end.
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alex.byteLegendary
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#17Aug 7, 2024, 11:12 AM
We know that old wallets holding funds could be in trouble if the encryption breaks. What about those users?
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mr_apeNewbie
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#18Aug 7, 2024, 11:32 AM
So, worst-case scenario? All those wallets with exposed public keys could get wiped out. That’s not a fun thought.
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#19Aug 7, 2024, 04:24 PM
We can’t keep waiting for everything to be perfect. The longer we delay, the worse it’ll get.
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alex.byteLegendary
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#20Aug 7, 2024, 05:41 PM
Yeah, and by 2025? Stakes are way higher. This ain’t just some casual argument anymore.
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