Quote from: WhyFhy on July 28, 2025, 05:33:16 AM

Quote from: alani123 on July 28, 2025, 04:38:01 AM

OP could you go into a little more depth about what the worst case scenario is here so it can be understood more widely?

What's the research you're citing? What happens if secp256k1 is broken tomorrow and how does it affect BTC?

Dissemination is an important thing when trying to get a message across about scientific matters. Especially given that for bitcoin to be upgraded without issue a wider user base would need to agree including miners and mining pools most importantly.

It's not necessary that those mining BTC will be knowledgeable in the field of computer science and cryptography though.

Worst case scenario? Every legacy wallet thats ever exposed its pubkeys gets contents swiped.

I don't have time to do a whitepaper, just like we don't really have time for politics on the matter. the logistics alone are already working against us.

Bitcoins already handicapped in this scenario, Moving millions of UTXOs through network capacity constraints for starters.

2017 Had time to argue, low stakes ($2500-20000)
2025 No time to argue, catastrophic stakes($100k+)

Almost impossible logistics compared to 2017.

Corporate treasury managers,
Institutional fund managers,
Government regulators,
International treaty obligations,
Pension fund fiduciaries

Institutional Stakeholders can't move fast have compliance requirements
Nation-State Actors some want Bitcoin to succeed, others want it to fail
Regulatory Oversight SEC, Treasury, international coordination needed
Economic Integration Bitcoin failure would cascade through financial markets

https://www.nature.com/articles/s41467-025-61342-8

i don't have a lot of time to dig in today but this hit my radar.