687 sats \ 1 reply \ @HardMoney 23 Dec 2023 \ on: So what are we doing about the quantum elephant in the room? bitcoin
I’m guessing some BIPs and solutions would accelerate if quantum became a threat.
Would the threat always be from the perspective of reverse engineering an address or theoretically could it create collisions with the private key without needing to know a corresponding address?
For Shor's algorithm, you would need the public key as a starting point.
This is why addresses that use a pubkey (without any hashing) are immediately vulnerable.
Someone else in the thread also mentioned lightning nodes, which reveal their public key often.
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