Is quantum computing a menace to Bitcoin? How can Bitcoin grow to be safer in opposition to a quantum computing assault? Will this improve require transferring cash to new addresses? Will or not it’s applied as a comfortable or onerous fork? What occurs to cash managed by misplaced keys?
CORRECTION: Apologies for the confusion – concerning the query of whether or not Satoshi’s (suspected) cash could be weak to a quantum computing assault on ECDSA, the right reply is within the first clip at 3:05. Whereas what I initially say at 6:10 is true, that Satoshi didn’t spend their cash, these coinbase transactions nonetheless used pay-to-public-key (P2PK) as a substitute of pay-to-public-key-hash (P2PKH), which suggests the general public keys are already uncovered.
Extra about hashing and public key cryptography in Bitcoin:
These questions are from the Could month-to-month Patreon session and a part of the Denver discuss, which passed off on Could twenty sixth and August sixth 2018 respectively. In order for you early-access to talks and an opportunity to take part within the month-to-month dwell Q&As with Andreas, grow to be a patron:
Superior Bitcoin Scripting, Half 1: Transactions and Multisig –
Superior Bitcoin Scripting, Half 2: SegWit, Consensus, and Trustware –
Migrating to post-quantum cryptography
What’s a personal key? –
Public keys vs. addresses –
Protocol growth safety –
Lightning’s safety mannequin –
Misconceptions concerning the Lightning Community –
Eltoo, and the early days of Lightning –
Lightning Community scaling –
Lightning Community interoperability –
Lightning Community sport idea –
Atomic swaps –
Full node and residential community safety –
Working nodes and cost channels –
What’s Segregated Witness (SegWit)? –
SegWit and fork analysis –
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has grow to be probably the most well-known and revered figures in bitcoin.
Comply with on Twitter: @aantonop
He’s the writer of two books: “Mastering Bitcoin,” revealed by O’Reilly Media and thought of one of the best technical information to bitcoin; “The Web of Cash,” a e-book about why bitcoin issues.
THE INTERNET OF MONEY, v1:
[NEW] THE INTERNET OF MONEY, v2:
[NEW] MASTERING BITCOIN, 2nd Version:
Translations of MASTERING BITCOIN:
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Music: “Unbounded” by Orfan ()
Outro Graphics: Phneep ()
Outro Artwork: Rock Barcellos ()
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