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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2276. (Read 26652458 times)

legendary
Activity: 1722
Merit: 2213

doesnt that say what we already know? reusing addresses Bad because public key exposed etc. so what? always use new address. isnt that basically considered best practice already?

I knew, that quantum computers can crack the private key, if the public key is known. With this attack they don't need quantum computers anymore.

i know that as long as no public key is exposed nothing, not even quantum stuff, can get it. but once the public key is known (watch for them in the mempool) its a race as to whether the attacker can crack your private key and take over that tx (rbf), before it gets mined into the blockchain.

thats my basic understanding. feel free to correct me.

Interesting read. I'd say vroom is not correct here, exposing your public key does not mean quantum computers can crack private key. At least that's not what the article is about.

(Please provide source if this is the case).

vapourminer is closer to the truth here, but it's not just about exposing your public key. Exposing pub key with 1 signature isn't the risk described, based on trying to find a common demoninator to private key. The risk is about exposing pub key is related to nonces, in this case, nonce reuse. Because then determining the private key, based on two different signatures with same nonce, becomes a lot more straight forward.

Quote
Interestingly enough, we could break all these wallets, not because of a linear or quadratic recurrence but because there was at least one repeated nonce in the signatures. So, it looks like the common mishap of ECDSA implementations using a repeated nonce was the cause of trouble.

Notably, they weren't able to hack any wallets with different nonces, or addresses that used a single nonce (they didn't even try) but this is somewhat besides the point based on the "mishap" of ECDSA implementations which creates this vulnerability of repeated nonce use. Somebody can no doubt explain it better and more accurately than me, but after reading the article in full, I get the jist of it.

Ultimately, this isn't really information that we didn't already know - hence it's always been recommended to use different addresses due to possibility of "reverse engineering" signatures (ie those with the common variable of nonces, when those variables become a constant due to implementation error). Even the first implementation of Bitcoin in 2019 protected against this with the use of change addresses it's worth noting.

It's only newer implementations that have encouraged (or forced) address reuse that becomes the problem here, combined with nonce reuse.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?

doesnt that say what we already know? reusing addresses Bad because public key exposed etc. so what? always use new address. isnt that basically considered best practice already?

I knew, that quantum computers can crack the private key, if the public key is known. With this attack they don't need quantum computers anymore.

i know that as long as no public key is exposed nothing, not even quantum stuff, can get it. but once the public key is known (watch for them in the mempool) its a race as to whether the attacker can crack your private key and take over that tx (rbf), before it gets mined into the blockchain.

thats my basic understanding. feel free to correct me.
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours

doesnt that say what we already know? reusing addresses Bad because public key exposed etc. so what? always use new address. isnt that basically considered best practice already?

I knew, that quantum computers can crack the private key, if the public key is known. With this attack they don't need quantum computers anymore.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?

doesnt that say what we already know? reusing addresses Bad because public key exposed etc. so what? always use new address. isnt that basically considered best practice already?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
legendary
Activity: 1624
Merit: 4417
Top-tier crypto casino and sportsbook
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 227
Merit: 38
Bisq Market Day - March 20th 2023
JUST IN: 🇺🇸 SEC files emergency action against Miami investment adviser BKCoin for $100 million #crypto fraud scheme.

https://twitter.com/WatcherGuru/status/1632785169940639745?t=jJSoAvZKbxsPn8uKiBmqog&s=19
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
legendary
Activity: 1834
Merit: 4197
the evening wall report


dyor

a morning star shines bright on the monthly chart
the worm Moon waxes full
accumulate...2025 is right around the corner


Monthly

stronghands
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
found this linky on reddit:
https://www.abc.net.au/news/2023-03-06/perth-mint-gold-doping-china-cover-up-four-corners/102048622

Gold doping...less of an issue than I originally thought (gold was still 99.99% pure, apparently), but Perth was apparently selling bars to SGE that were not up to their particularly high standards.
Allegedly, it was going on since 2018...and all they wanted was to 'save' 620K a year.
I still say that a retail customer ordering a 1oz or even a kilo don't really know what he/she gets...it is all based on trust.

Still yet another reason to buy silver bars vs gold.

Better yet buy BTC.

silver bars value per weight is roughly 1/100 of gold.
I am not going to store chunks of metal at home, hence no go for me, but i got a tiny bit of "fake" silver-SLV ETF, play amounts.

I think I have at least a few bars of five oz and ten oz.

But yeah holding five hundred oz would be p.i.t.a.

and 500 oz is close to 0.500 btc
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