Post
Topic
Board Development & Technical Discussion
Re: Quantum-Resistant Bitcoin Address Generator
by
shield132
on 08/09/2024, 18:04:48 UTC
Traditional Bitcoin addresses rely on elliptic curve cryptography, vulnerable to quantum attacks like Shor’s algorithm. To mitigate this, we use quantum-safe algorithms such as hash-based cryptography.


~snip~

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To be fair, I can't find this useful, so I'm not gonna donate. The safety of traditional Bitcoin address generation is already very high and we aren't under the threat of quantum attack. If anyone thinks they are vulnerable to quantum attack, they have to ask themselves, what will happen to all the created Bitcoin addresses? For example, Satoshi's addresses? Someone will hack it with a quantum computer and one million Bitcoin will be stolen? That's not going to happen. When the time comes and we will be under the threat of a quantum attack, there will be a Bitcoin Hard Fork and the new model of Bitcoin will be quantum attack resistant.
To my mind, right now, your code will only be useful for those who are studying programming.