I read that taproot could be more vulnerable to Quantum Computer because they expose the public key while the other sha256 hash it. They argue that since QC are not good at hacking hashes this could protect the others address type till you spend them so they could be attacked only in the confirmation phase while for P2TR you have a long exposure of your public key in the block chain. I do not think this is a problem right now but I would like to hear some opinions of the great minds present out here ;-)
I always assumed there was a technical or economical reason all multisig I've encountered so far seemed to use "3xxx" nested segwit (instead of native segwit or Taproot)
is that not the case?
Then again I haven't rabbitholed into multisig proper yet
My cold wallet does not support taproot, but at least one of my hot (phone, Lightning) wallets does. Maybe someday I'll switch my cold storage over to it -- probably whenever I get my Lightning node up and running.
Considering that quantum computing could have an easier time attacking naked pubkeys on-chain (Taproot) than more ephemerally exposed pubkeys in the mempool (spending from Segwit), I am hesitant to use Taproot.
I started not long ago and I'm learning little by little. Taproot isn't mentioned in the videos I find to introduce new Bitcoiners (in my language), unfortunately. As soon as I read about it and looked into it more, I set up my cold wallet using that standard and already transferred my sats there.
Why do you ask?
Considering making Taproot addresses default in Liana Wallet (currently user has to choose).
from now on, all new txs must be taproot.
That is, I should move my utxo's saved from bc1 to directions Taproot?
bc1q (segwit) is still OK
bc1p (taproot) is desired.
https://darth-coin.github.io/wallets/move-btc-taproot-address-en.html
bc1 are ok, but I still see people with legacy addresses... losers.
I read that taproot could be more vulnerable to Quantum Computer because they expose the public key while the other sha256 hash it. They argue that since QC are not good at hacking hashes this could protect the others address type till you spend them so they could be attacked only in the confirmation phase while for P2TR you have a long exposure of your public key in the block chain. I do not think this is a problem right now but I would like to hear some opinions of the great minds present out here ;-)
sell all your BTC right now ! Is literally pointless to hold BTC if you believe that crap shit.
We all gonna die!
https://video.nostr.build/8345cd80358ff40077d46408074bfadd1b4053ca7e306d6b487fcba14cf13a03.mp4
;-)
Only time I see legacy addresses are for multisig these days
if somebody still use a legacy address, it means they didn't even got doubled their BTC stash in the 2017 fork... LOL such losers.
I always assumed there was a technical or economical reason all multisig I've encountered so far seemed to use "3xxx" nested segwit (instead of native segwit or Taproot)
is that not the case?
Then again I haven't rabbitholed into multisig proper yet
why?
... and some more but don't come to my mind rn
Yes for privacy, but sometimes hurts to pay slightly higher fees than with segwit.
My cold wallet does not support taproot, but at least one of my hot (phone, Lightning) wallets does. Maybe someday I'll switch my cold storage over to it -- probably whenever I get my Lightning node up and running.
Considering that quantum computing could have an easier time attacking naked pubkeys on-chain (Taproot) than more ephemerally exposed pubkeys in the mempool (spending from Segwit), I am hesitant to use Taproot.
Where's the hell no option? Still hoping it gets rolled back to own to script kiddies. 🍿
You’re so edgy
I do my best
You’re doing great
Good point, should have had a "No, I don't like taproot" option.
All joking aside there's a case to be made not to use newer address types for cold storage, heck exchanges still aren't using segwit in many cases.
Not yet. Still mostly using SegWit
x2 ✌️🤠
I don't even know what taproot addresses are ... 🫣 think I should be scolded for that.
My wallet has this feature
I still use Segwit
I started not long ago and I'm learning little by little. Taproot isn't mentioned in the videos I find to introduce new Bitcoiners (in my language), unfortunately. As soon as I read about it and looked into it more, I set up my cold wallet using that standard and already transferred my sats there.
Yes, I started using taproot recently.