/biz/ - Business & Finance

if this is true then every single large wallet would have be cracked right now but literally nothing has happened yet

good thing bitcoin doesnt use rsa encryption

>>30183394
People are coding right now to break into those wallets, the next few weeks we should hear money being taken from whales wallets

>>30183470
/thread

>>30183486
>2 more weeks

If RSA was broken so would be the security for banks and stock exchanges. This is manifestly bullshit as the entire economy is not on fire.

>>30183269
wouldn't the entire Internet break more or less if RSA was broken?

and wouldn't they just fork to something else if this 10/10 FUD was remotely true?

(sorry for spoiling the fun)

>>30183269
Who's that. I need to read up on this asap.

soooooo alt season time?

>>30183269
many a burnt out/demented scientist (classically physicists/mathematicians) have done this - they get to an age where they can no longer hope to progress further on their life's work and as their fragile egos cannot reconcile this fact, they make a final claim towards that goal which takes a bit of time to completely disprove
Sir Michael Atiyah was an example
This bloke is another.

>be me
>see FUD on /biz/
>Google to find any correlating FUD
>tumbleweeds

good thing nobody uses 800 bit rsa

>>30183845
HN appears to have been discussing it over the past day or so.

>>30183486


nigga if this ever happened bitcoin would be forked

>>30183639
>>30183845
googling "rsa encryption" with time range set to last 24 hours will give you everything you want
how do you zoomzooms even tie your shoelaces

Go back to that thread and you'll realize it's an elaborate shill campaign for mochimo coin or whatever the fuck OP had to let it slip

>>30183269
absolute nothing Burger. If this happened I wouldn't even bother with crypto, id rather raid globohomo banks.

https://github.com/lducas/SchnorrGate
schnorr BTFO

>senile old boomer destroys bitcoin
add to the pile gramps
https://99bitcoins.com/bitcoin-obituaries/

>be me
>check hn
>paper doesn’t actually use the phrase “destroys RSA”
>paper is widely criticised for having no evidence
>overwhelming FUD is schnorr is just old and wants a bang on the way out
>my bags are safe
>my position is cosy

FUD

>>30183470
>>30183903
>Finding P given Q on an elliptic curve shares the same computational complexity as the factoring problem.

>>30184088
>"obtaining a sufficient success rate requires much larger lattice dimension than claimed in [Sch21]."
>dimensions beyond reasonable, leading to a factorization algorithm much slower than the state of the art.
Kek. Schnorr really is off his rocker then. He literally made something worse than what the glowies already are working on

You lack ambition if you managed to actually pull off such a feat and only decide to target a public fully traceable ledger which will hold no value the second it comes out what happened.
Instead of just fucking with random companies and getting nothing in return but assassination attempts and getting on wanted lists I'd try and make money covertly.

>>30183550
kek, the XRP schizos have left their containment thread.

>>30184289
hello cryptographer here

elliptic curves don't have p or q

this fud is so stupid

>>30184289
also, both the integer factorization problem and the discrete log problem are specific cases of the hidden subgroup problem, but whether all solutions for one will be applicable to the other is not known

>checked alts got red
>prepare to buy low
>add more cash
>buy fucking shitcoin
>cry everywhere that he was fucked lmao

I can't take this anymore, lil dumb look at Enecuum, stop following this shitmodel. See nodes, mining other features. get income with no risk

>>30183988
Yeah and who’s gonna write all the new code to fork it? The mongoloids who promised LN four years ago and have not really delivered?

>>30183269
>[Submitted with a dildo in my ass and a cock in my mouth]
ftfy

>>30183269
for fucks sake aren't you tired of getting insta BTFO'd in all these threads ?
THIS IS NOT /POL/ FAGGOT
this FUD is so fucking retarded

this has been around for years, if it actually mattered then why are huge investment firms still buying bitcoin and other coins? you think the consideration of investing $1.5b into bitcoin by tesla didn't take this into account?
>cmon

Load ze RSA FUD.

>>30184027
Sorry, I was phoneposting. Thanks. Though I only have a barebones understanding of cryptography I'll see what I can discern.

>>30183269
If this was the case, losing crypto would be the least of my problems.

>>30183639
Here:
https://news.ycombinator.com/item?id=26329791

>>30184088
>https://github.com/lducas/SchnorrGate
There is no actual code here, just function calls to existing functions.

This programmer is functionally retarded.

I don't know why this fud is getting so much attention when literally most other activity you have on the internet day to day is at much higher risk. breaking rsa means your actual bank account is at much higher risk than your paltry shitcoin investment

>>30185446
sage is a framework for doing number theory

"function calls to existing functions" is actually turing complete btw and predates the notion of turing completeness and the conceptual turing machine https://en.wikipedia.org/wiki/Lambda_calculus