Nostr Web Client

SHA-256 is trending on deadbird. Apparently we can crack it with 8,000 quantum chips in 2-5 years.

SHA-2048 enters the room.

If a SHA256 zero day is found transaction fees will be higher than we've ever seen. Would be nice to have the option for higher level encryption now to get ahead of it. I have no doubt that it will be a problem eventually.

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Discussion

kidwarp 1y ago

Is bitcoin going to be left scrambling for a fix?

Do we have new miners ready to go in the new algo?

Who’s ready for long delays in confirmations?

AC 1y ago

I don't view this as imminent. But bitcoiners think on very long term time horizons so it is within that scope IMO--Moore's Law. I suspect at some point we'll start seeing the option to create keys at higher encryption levels. 🤷

kidwarp 1y ago

I think we’re a lot closer to this becoming an issue than we may think?

AC 1y ago

Nah. Remember, the gravest of gov secrets are secured with 256. If they thought it was close we'd be seeing industry standard moving to 512+.

kidwarp 1y ago

sha3 not 512 if they need to but even that’s not post quantum safe?

TheGrinder 1y ago

Valid questions