The quantum computing threat to Bitcoin may be more urgent than some think, according to Solana co-founder Anatoly Yakovenko.
Bitcoin relies on several algorithms to secure the coin from theft. Prominent among these is the Elliptic Curve Digital Signature Algorithm (ECDSA). An ECDSA employs asymmetric encryption to generate ...
El Salvador transferred more than $678 million worth of Bitcoin into several wallets for security purposes. The government moved approximately 6,274 BTC from a single national address into 14 separate ...
Is quantum Bitcoin hacking here? Bitcoin was built on the principle that once funds are secured by a private key, only the ...
According to one of the world’s leading cryptographers, Bitcoin’s elliptic curve could have a secret backdoor, invalidating all underlying security. A Bitcoin public key is created by applying ...
Other experts in the crypto community, such as Adam Back and Peter Todd, are less convinced of the near-term threat.
The recent Project Eleven bounty for quantum computers cracking cryptographic keys is a joke. It provides no serious incentive at all. Recently, Project Eleven (a quantum computing research group) ...
Elliptic curve cryptography (ECC) has emerged as a cornerstone of modern public‐key systems, offering high levels of security with relatively small key sizes. Central to many advanced cryptographic ...
As far as open-source protocols go, one area in which Bitcoin is unique is the sheer difficulty of making any changes to the protocol. Unlike most other protocols, where features can be added, ...