Nostr Web Client

It’s sort of like understanding how the electron works, but digitally. The new lens and understanding cracks open a revisit of all previous tech.

Similar to electricity updating old tech to become electrical/digital.

If that makes sense! 😊

I just don’t understand why there are not throngs of teams trying to get to this first before the bad guys do.

(The bad guys are already there, it’s most likely that encryption is not really secure and allows people the illusion of privacy)

Detective Deft Defector 2d ago 💬 2

Well one, if they crack it and start draining utxos left and right, wouldn't that just nullify the entire experiment? Bitcoin would plummet, the miners would leave the market, the whole house would come down nullifying the benefit of employing that solution. So the motivation only rests in the hands of malicious actors-state and bankers.

So you're saying a single solution could drain every utxo mathematically, no matter how many signatures the wallet has?

Wouldn't that entail cracking the entire time chain? We're talking orders of magnitude more difficult right? Like hundreds of thousands, or millions of digits since every transaction adds complexity.

If so, wouldn't that mean the number changes every 10 minutes? Someone would have to come up with the exact theorem (I think that's what we're saying, otherwise just the right prime number) at exactly the right block to use it. And then sweep everything they could before the next block.

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Michael Dunworth 2d ago 💬 1

Yes, it then becomes less of “can it be broken” and more like “how do we make sure people believe it still is secure”

This scene exactly. 👇

The hard part is breaking it, the impossible part is keeping it a secret.

Enigma was the olden day version of RSA.

https://youtu.be/Qdfp5Za0XVg?si=04WR4SlCCP6U03Ve

Michael Dunworth 2d ago 💬 1

You wouldn’t know UTXO’s were drained, because you couldn’t tell anyone. They would attribute it to your setup, and then you’d have to disclose that, and over a longer arc, it looks like blame and lack of personal accountability, but it would make people look like modern day lunatics saying there’s a ghost in their machine and that they couldn’t possibly made a mistake etc…

Hard to detect. Near impossible to detect at scale.

Detective Deft Defector 2d ago 💬 1

But my key point, that I did not articulate well (and then i will fuck off and let you have your time back) is where would something like that hit? Like which wall would they be tunneling under? Like would it be seeds so the entire wallet, the hash of an individual utxo at a time, or the actual timechain? To my knowledge (lacking obviously) the elliptic curve is just how keys are derived. Or does that arc include data directly onchain?

Wallets are one thing SHA 256 as a whole is a galaxy of another story. Because we'd have to find a new one if what your saying even could be done.

Michael Dunworth 2d ago 💬 2

It would be exposed public keys, to start. So any transactions that have revealed a public key holding a balance.

That’s first cab off the rank, then it’ll be server side compromises through SSL certificates that use CA’s (a trusted network of certificate authorities, aka, the dudes that give the green pad lock when you visit a website).

When you see the green padlock, on a website, that is your machine (not you) saying to the bouncer “can I come in?” He says let me see your semiprime and verify it. If it’s verified (key signature verification) you get let in.

The problem with this is revealing a signature reveals the semiprime, so unless key rotation is happening in real time, computationally inelegant for our expeditious dopamine now, it wouldn’t work out.

Basically, Epstein files, aliens, warheads, all open to the guy who has an answer.

Hashing algo’s are not really that hard either, everything is too mechanical (by design) not fuzzy. This is a blessing but a silver bullet one shot head shot if the algo breaks.

This show from last year (likely a foreshadowing) is a great tl;dr

https://youtu.be/_HdOGSOu1kQ?si=-nAg6jUNBVHWDDGv

Michael Dunworth 2d ago 💬 1

As an extra note, the thing that has literally almost sent me into a doom loop spiral.

I’ve spoken to the top professors about this on earth (like our Michael Jordan’s of maths)…

They give me this absolute loser juice “I focus on prime numbers, not other stuff”.

That’s like a chemist saying “I just make ammunition, I’m not responsible”.

We are sooooo cooked if people don’t start paying attention IMO.

Maybe I’m overthinking it, but I feel in my bones I’m not!

Hope you are ready for a great new year!!!! (Actually! Lighten the subject!!!)

Detective Deft Defector 2d ago

You too fren. I'll be digging.