Anonymous ID: 28998e Sept. 9, 2023, 6:36 p.m. No.19521195   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>1236

>>19520846 pb

>G20 Announces Plan For Digital Currencies & Digital ID's

 

bitcoin is currently worth $500Bn

 

bitcoin is based on the RIPEMD-160 hash.

 

2019, the best collision attack for RIPEMD-160 could reach 34 rounds out of 80 rounds

 

2023, the best collision attack for RIPEMD-160 could reach 36 rounds out of 80 rounds

 

If this rate remains constant, bitcoin will be completely hacked in 88 years.

 

Most likely the rate will increase.

 

Same principle applies to digital IDs

 

In muh cryptography we trust

Anonymous ID: 28998e Sept. 9, 2023, 6:49 p.m. No.19521264   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>1291 >>1886

>>19521236

>QUANTUM-READINESS

you can't protect cryptography, to the standard required for money & ID.

 

It's impossible. All cryptography is THEORY.

 

Anything really secure is NOT communicated by modern public cryptography. It's ALL one-time pad. One-time pad is STILL the only fully-secure cryptography.

 

It's programmed with backdoors, and you do not know how advanced your adversary's computing power is.

 

Quantum is just one example. What about the next? What about something we don't even know about?

Anonymous ID: 28998e Sept. 9, 2023, 8:22 p.m. No.19521893   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>19521884

if the mfr didn't give the code, wouldn't the feds just bust it open?

 

doesn't the code just save time?

 

safes prevent against someone who doesn't want to make a ton of noise, that's all.

 

if noise is no problem, safes are no problem