Post
Topic
Board Service Discussion
Re: Bitcoins hosted on Blockchain.info safe from government freezing of funds?
by
Jasmin68k
on 19/02/2014, 12:57:14 UTC
[...]I ran across something regarding this the other day and lost the tab. If we're talking about the same thing, that is. A BCT user was discussing his GPU implementation where he was demonstrating that different sections of the secp256k1 curve (and presumably similar curves) were more susceptible to some form of brute-force weakening. Is this what you're talking about? This is in the back of my mind as an issue to keep a close eye on.
[...]

Some threads relating to this with a lot of discussion:

https://bitcointalk.org/index.php?topic=421842.0
https://bitcointalk.org/index.php?topic=433522.0
https://bitcointalk.org/index.php?topic=440205.0

Basically it appears to have boiled down to this:

For Evil-Knievel's demonstration to work, you need to use his pseudorandom number generator (PRNG): https://bitcointalk.org/index.php?topic=421842.msg4746108#msg4746108

His PRNG only generates from a set of 2560000000 possible values: https://bitcointalk.org/index.php?topic=437220.msg4809894#msg4809894

Meanwhile, there are 45231284858326638837332416019018714005014673546513634524455141852155 115792089237316195423570985008687907852837564279074904382605163141518161494337 possible Bitcoin keypairs.

The probably of his tool cracking a real public key, in the wild, is virtually zero. You are more likely to have a meteor land directly on your house, on the same day, four years in a row.

Evil-Knievel is insulting everyone's intelligence, wasting our time, and trying to con somebody out of 2 BTC.
https://bitcointalk.org/index.php?topic=421842.msg4875893#msg4875893