Possibilty of Bitcoin Secret Key Collision? - GoFuckYourself.com

deonbell · 03-02-2017, 01:26 PM

Possibilty of Bitcoin Secret Key Collision?

Could something like quantum computing destroy virtual currencies by brute forcing bitcoin secret keys?

There was an SHA-1 collision created recently.

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Smack dat · 03-02-2017, 02:53 PM

Maybe in the next 20 years it may be possible using quantum computing but I think the source code will be added to and improved over time.

BSleazy · 03-02-2017, 03:02 PM

Not that I know anything about that stuff but I read that article about SHA-1 collision and I think they had the power of Google to do the computing.

rowan · 03-02-2017, 08:28 PM

It's only a matter of time. Newer versions of Bitcoin will probably offer re-keying of your addresses with a newer and more secure hash algorithm, but there could be some problems with "dark" funds, such as those held by Satoshi, or largely ignored "long term" paper wallets.

I imagine there's at least some computing power trying to crack Satoshi's keys right now.

03-02-2017, 01:26 PM	#1
deonbell Confirmed User Industry Role: Join Date: Sep 2015 Posts: 1,045	Possibilty of Bitcoin Secret Key Collision? Possibilty of Bitcoin Secret Key Collision? Could something like quantum computing destroy virtual currencies by brute forcing bitcoin secret keys? There was an SHA-1 collision created recently. AIDS __________________ Fake Naked Celebrity Sex Gallery

03-02-2017, 03:02 PM	#3
BSleazy Confirmed User Industry Role: Join Date: Aug 2002 Location: USA Posts: 6,721	Not that I know anything about that stuff but I read that article about SHA-1 collision and I think they had the power of Google to do the computing. __________________ icq 156131086

03-02-2017, 02:53 PM	#2
Smack dat So Fucking Banned Industry Role: Join Date: Jul 2016 Posts: 4,613	Maybe in the next 20 years it may be possible using quantum computing but I think the source code will be added to and improved over time.

03-02-2017, 08:28 PM	#4
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	It's only a matter of time. Newer versions of Bitcoin will probably offer re-keying of your addresses with a newer and more secure hash algorithm, but there could be some problems with "dark" funds, such as those held by Satoshi, or largely ignored "long term" paper wallets. I imagine there's at least some computing power trying to crack Satoshi's keys right now.