i think the additional round of hashing on top of the public key makes it (possibly exponentially) more difficult, from a brute force perspective.
exactly. when you pay someone, 99 times out of 100, you're paying a hash of their public key (xpub), (+ an incremental derivation path, so as to be able to produce many addresses from a single key).
as far as I understand, if you paid their public key directly, you would be able to calculate all of their future receive addresses. just the same way a 'watch only' wallet does, by having you import your xpub.
🔥
nostr:note1nnzj87k8a0492x87rh0lh3aa8tc6asyp6ymtgqexensd2hquwu2qulryq3
As far as I understand, in the past, P2PK ('Pay to Pubkey') was the standard, for sending Bitcoin TX's.
Nowadays, we tend to use P2PKH ('Pay to Pubkey Hash').
Basically, in the case of P2PKH, the public key is hashed, adding an additional layer of complexity/security.
The 999 btc that were just moved, were spent from an old style P2PK address.
The author is posing the question, were these coins spent by their rightful owner, or has the weaker P2PK encryption been broken/brute forced.
I don't think it's anything more than speculation at this point.
Even if it were brute force, most modern wallets use P2PKH as standard now, which some suggest is closer to being quantum resistant.
Where's Waldo - eCash edition:
#ecash #cashu #minibits
nostr:npub1dx5q2el8nd4eh3eg9t2e25fd7zuqg7zxz6ldkc3uzgh66ss2yc6st288sj nostr:npub1kvaln6tm0re4d99q9e4ma788wpvnw0jzkz595cljtfgwhldd75xsj9tkzv
just waiting for the aliens to show up, and spark a cyber attack, in the wake of the next bank falure ...
nostr:npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr, any thoughts on what it would take to bring private bookmarking of notes to nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg ? 👀
watch this space.
I find it hard not to be hopeful, seeing whats happening on nostr, and having conversations like this...
getting keyed in to truth is a big one.
how many of the worlds problems would immediately evaporate, if everyone held truth as their highest value, in all things?
100%, re the availability / access to information. that's a potential game changer in and of itself.
as far as the broader problem is concerned, I've come to the understanding that when people are in a certain condition, ie traumatised, nutritionally depleted, etc, they end up favouring these sorts of left wing ideas. the reason being that they lack the brain power to actually think deeply about concepts like sovereignty, personal responsibility, etc.
(I don't say this as a joke. It's a large part of the reason so many people flatly refused to look at literature that made it quite clear there would be problems, re recent medical interventions, for example).
weak people are generally afraid, and less able to take care of themselves, so they tend to favour a nanny state, who portray themselves as the caregiver. ready to bail you out, should anything go wrong...
when people get start healing, and getting stronger, eventually they regain a natural impulse to want to take care of themselves...
(This is where Ayn Rand comes in).
in my view, the bad ideas will always exist. like a world teaming with infectious bacteria...
the best thing we can do is to help people heal, become strong, and develop an immune system that simply takes no notice....
it's almost as if every mind needs some collection of ideas, to operate upon...
if you don't put in the effort, you'll fill up with all the bad ones...
commie babble is the low hanging fruit.
the low effort, fiat, easy money of ideas.
ideas so bad, they almost require that you don't even try to think them through....
unfortunately, real energy & critical thinking have been quietly engineered out of people, over the past few decades.
the same forces that gave/took it away, aren't going to hand it back, either....
What's a stronger value signal?
Price? ... 64k, 68k, 63k USD....?
Or the fact that this ladies music can fill my home, on a Wednesday morning, and I can express my gratitude, immediately and directly, by sending a few satoshis all the way from here to Zambia... and no one can stop us?
In the land of Bitcoin+Nostr, (& nostr:npub1yfg0d955c2jrj2080ew7pa4xrtj7x7s7umt28wh0zurwmxgpyj9shwv6vg), the measuring stick that is USD is already almost entirely irrelevant...
Enjoy the vibes... ⚡✌️
https://www.wavlake.com/track/c0153037-93ee-41da-b9b1-5d8f0503918a
Alright guys. I spent the last few days orange pilling folks at a #Bible college in Zambia. We spent two and a half hours tonight going over wallets and custody, and talking about other innovations that leverage Bitcoin including #Nostr, nostr:npub1yfg0d955c2jrj2080ew7pa4xrtj7x7s7umt28wh0zurwmxgpyj9shwv6vg, nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg and more.
I met one girl during the class named Lumba who is a musician. She has her music on Spotify but basically doesn’t make any money at this point. Right after the session ended, she created a Wavlake account, uploaded a song, and is off to the races. Check out her song and give her a warm #satstreaming welcome if you like what you hear!
nostr:npub14kw5ygpl6fyqagh9cnrytyaqyacg46lzkq42vz7hk8txdk49kzxs04j7y0 nostr:npub13qrrw2h4z52m7jh0spefrwtysl4psfkfv6j4j672se5hkhvtyw7qu0almy nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m nostr:npub1jlrs53pkdfjnts29kveljul2sm0actt6n8dxrrzqcersttvcuv3qdjynqn nostr:npub1fnn2h0tgm2mwnl0kar5ez25wztum2w0q0rrrf326n0ljn999znwsqf4xnx nostr:npub1xk50nsp89sge5cs0glq9tjxm885lsp077xez6zm6g2ccjdga4enqnkmr0f nostr:npub1sy70twa0vadtk8hjs6wt2hmfszduj04tw78ccs3ktmr9u99mfmqsj62srx
I don't know whether this girl would qualify for a bank account, where she lives, but the fact that her music can fill my home, on a Wednesday morning, and I express my gratitude, by putting a few satoshis directly in her pocket, is revolutionary.
This is the *real* 'Global Village'...
I'll wait until I have lots of money, before I take on the burden of managing my money responsibly...