mustang19
Rotter
- Joined
- Jul 28, 2015
- Messages
- 3,694
- Reputation
- 11
You need 1600 quibit quantum computer to instantly break elliptic curve encryption and hijack any bitcoin address that has transacted. Currently the largest qq is 72 quibits and will hit 1600 in 5 years.
If you require people to never reuse btc addresses then every transaction requires new keys. The btc pools would have to constantly inform millions of people of new addresses and it wouldnt scale.
The solutions eg integer lattices are just one time pads and are subject to mitm attack
If you require people to never reuse btc addresses then every transaction requires new keys. The btc pools would have to constantly inform millions of people of new addresses and it wouldnt scale.
The solutions eg integer lattices are just one time pads and are subject to mitm attack