Re: [PRE-ANN] RecoveryCoin - Generalized ECDSA attacks for Bitcoin key recovery
Dear everyone,
Since this is an opensource project, and after reading your comments we have decided to change the direction a little bit.
The targets will not be the full Bitcoin public keys, but only their 8 leftmost bytes. So nothing will be robbed.
RecoveryCoin will have its value from indicating the strength of Bitcoin's keys against the potential network power, with probabilistic calculations.
Thank you very much for replying to this thread, however harshly.
Since this is an opensource project, and after reading your comments we have decided to change the direction a little bit.
The targets will not be the full Bitcoin public keys, but only their 8 leftmost bytes. So nothing will be robbed.
RecoveryCoin will have its value from indicating the strength of Bitcoin's keys against the potential network power, with probabilistic calculations.
Thank you very much for replying to this thread, however harshly.
well thats a bit better, im coming to realize this might be interesting in my head, as i also take part in the LBC, but on paper (and to other people) probably really is a terrible idea :/
i await seeing how this evolves