“What would it seem like if it did seem like a global, digital, sound, open source, programmable money was being cracked by quantum computers?”
Discussion
maybe Daniel Suarez's _Daemon_ is up to something...
Going to the store again
#fud
“Fear, Uncertainty, and Doubt.”
Do you really think I’m ripping off nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt to try to sow FUD?
Or could it be that I’m using his framing to pose a more philosophical question about one of the few theoretical weaknesses with #Bitcoin ?
what are the other theoretical weaknesses?
Insider threat from blue-haired fags pushing changes to default node implementations which no-one wants or agrees with.
Undiscovered bugs.
Mining centralisation fucking up baked in incentive alignment.
Global level EMP.
surely changes no-one wants wouldn't propage? ... unless the majority wanted those changes?
1) is why Knots is at 15% - most Knots-runners don’t know it but they’re opposing blue-haired fags outright
so that could be the answer, 1/5 of people care enough about the change ... think that stat might be biased to the low, for example I haven't updated Core but still use it.
undiscovered bugs is definitely a worry, and so is miner centralisation. not so sure I worry about an EMP - though maybe there are some nuances I haven't thought about yet!
No offence but you’re clearly not a native English speaker. That, or you’re extremely dyslexic, but I’m gonna go with the former.
The reason Knots is at 15% and not 35% is because the drama which instigated it all was largely held on English-speaking Xitter. It hasn’t been translated to other communities yet.
Once noderunners understand a transformer is policing speech around Bitcoin, devs are taking money for PRs, and a DEI woman is acting as the public interface; Knots Go Up.
👍
Oof. Scary thought.
haha i just posted a depeche mode meme and the personal jesus video.
but we know that ver is not satoshi. still.
we all know that satoshi is literally jesus of nazareth :p
What part is scary for you? Genuinely interested to know
You're alleging Bitcoin is compromised and we can't verify? Like... it IS a bit scary no?
Im not alleging anything though.
My framing is a play on Allen Farrington, who played on Ludwig Wittgenstein.
If you’re so ready to believe a post like this which could shake your belief in #Bitcoin then might I suggest you invest another 1000 hours studying what you hold?
You’d have recognised what this was with those 1000 hours under your belt.
Shut up bro it wasn't that serious.
Not quantum but randstorm exploit.
the quantum fud against bitcoin is an old staple of shitcoiners and nocoiners, but especially shitcoiners.
it's quite nonsensical because schnorr's algorithm, supposedly enabled by the use of extremely expensive to keep cool qbits to be computed in a relatively short time period, is for reversing the transformation that turns a secret key into a public key
the public key of a bitcoin address (which is a ripemd160 hash, with only 20 bytes, 12 bytes are completely removed, the rest is scrambled with a still known to be secure hash function) only appears on the record after it's spent.
this is why it is commonly said you should not reuse bitcoin addresses. the pubkey and the secret key are mathematically related, and according to the theory of Schnorr, can be reversed. thus, once a UTXO is spent, the key that controls that address is now vulnerable to a quantum schnorr algorithm attack.
a lot of hype goes on in shitcoin land about how they are using supposedly "quantum resistant" public keys, and it's notable that basicaly anything that uses schnorr's signature algorithm, meaning taproot, nostr keys, musig2, and all of the shitcoins using the closely related edwards 25519 curve and the signature algorithm which is almost identical to schnorr, are not vulnerable to this attack anyway.
so, yeah. already, if people would just git r done and move to taproot addresses, this conversation would be over already. not only that, there has been some wallets that generated vulnerable keys, via signatures with poor entropy, that have been hacked. but these were trivial attacks and yielded nothing, and the signatures of this wallet are relatively easy to identify across the ledger.
oh yeah and not to forget, microsoft loves to fud bitcoin with quantum schnorr hype
it's nonsense. you can't quantum reverse a hashed and much smaller 20 byte address back into a secret key, without brute forcing at least on average half of the field, ie, 128 bits, this is where you always hear the "12x bits of security" regarding elliptic curve signatures.
once that address has been spent though, you have a valid target for a quantum crack.
what's the lesson here?
don't reuse addresses on legacy or segwit. prefer to use taproot. and stop listening to quantum fudsters, who are just one of the many latest snake oil vendors of this time.