Quote from: o_e_l_e_o on Today at 07:07:42 AM

Quote from: digaran on July 24, 2023, 06:50:07 PM

Satoshi just chose one of the strongest curves at that time, even he knew 20 years later people will have to change the key to their safe.😉

A relevant quote:

Quote from: satoshi on July 10, 2010, 01:36:17 PM

True, if it happened suddenly. If it happens gradually, we can still transition to something stronger. When you run the upgraded software for the first time, it would re-sign all your money with the new stronger signature algorithm. (by creating a transaction sending the money to yourself with the stronger sig)

That's going to have to involve sending your coins to a completely different set of HDKeys because if the curve is also broken in addition to ECDSA, then just signing all local transactions with the new signature algorithm won't be enough. Most people don't have local unsigned transactions anyway, just old coins.

Quote from: o_e_l_e_o on Today at 07:07:42 AM

Quote from: BlackHatCoiner on July 24, 2023, 08:34:31 PM

There are going to be coins robbed, no doubt.

Absolutely, but I will continue to argue it is preferable for some lost coins to be stolen and we all take a short term hit on the price than it would be to compromise one of the core principles of bitcoin by unilaterally deciding to freeze or seize some coins.

There's no reason to agree to such a thing anyway - We are not Tether or Bitcoin SV.