Post
Topic
Board Development & Technical Discussion
Merits 3 from 2 users
Re: why did bitcoin choose secp256k1 over secp256r1?
by
cnd
on 03/12/2013, 13:00:17 UTC
⭐ Merited by ETFbitcoin (2) ,vapourminer (1)
Thanks to Snowden & Bruce Schneier, we now know the answer. secp256r1 has an NSA backdoor - see http://www.linuxadvocates.com/2013/09/is-openssls-cryptography-broken.html

So - while a backdoor is not really a "honeypot" this is the best answer:-
* NIST has made an intentionally poor suggestion to use secp256r1, so it acts as a honeypot. they have found that Koblitz curves are actually more secure than the random ones.

* Satoshi had information which led him/them to believe that secp256r1 was indeed a honeypot and that secp256k1 was the better choice for real security