Post
Topic
Board Altcoin Discussion
Re: Decentralized Timestamp
by
ChuckOne
on 20/05/2014, 20:55:31 UTC
What do you mean by iterating through thousands of possible current block signatures?

Signatures are dependent on the data they are signing and my public key, my public key is fixed but the data I am signing is not. I can add and remove transactions to the block to change the output of the signature. (Technically with ECDSA signatures you don't even need to do that, you just change the nonce used in signing to get a different signature)

There is no ECDSA involved. Just sha256.