GoFuckYourself.com - Adult Webmaster Forum

GoFuckYourself.com - Adult Webmaster Forum (https://gfy.com/index.php)
-   Fucking Around & Business Discussion (https://gfy.com/forumdisplay.php?f=26)
-   -   Possibilty of Bitcoin Secret Key Collision? (https://gfy.com/showthread.php?t=1249330)

deonbell 03-02-2017 01:26 PM

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

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.


All times are GMT -7. The time now is 06:03 PM.

Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
©2000-, AI Media Network Inc