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Could BTC wallet be susceptible to "Brute Force Attack" by quantum computing? Cosine: Let's worry about Satoshi Nakamoto's Private Key again in decades.
Recently, Google's new generation of chips, Willow, has made progress in the field of quantum computing, which has also raised concerns about BTC security. However, Slow Mist founder Cosine quoted expert Jeffrey Scholz as saying that quantum computing is still far from cracking the BTCPrivate Key. (Vitalik Buterin predicts "the disappearance of encryptionWallet": quantum computing will eventually crack external accountEOA) (Background added: Satoshi Nakamoto's 1 million BTC may be cracked? Google released quantum chip Willow, the community froze the Wallet controversy) Google (Google) announced on December 9 that its new generation of chips Willow has successfully broken through the key challenges of quantum computing, claiming that the chip can operate in 105 qubits, which originally took traditional computers 1 billion years to solve, Willow can reduce the time to 5 minutes. As this achievement has made it to the top scientific journal Nature, it is regarded as a major milestone in the field of quantum computing, but it also raises concerns about the security of BTC, because quantum computers have the theoretical potential to crack the encryption algorithm, especially in the early days of BTCAddress using the Pay-to-Public-Key (P2PK) format. Quantum computing may be derived from Public Key Private Key P2PK is an early payment format of BTC, which is characterized by direct exposure of Public Key, in traditional operations, it is almost impossible to derive Private Key from Public Key, but the development of quantum computers may change this, quantum computing is able to use the Shor algorithm to derive Private Key from Public Key, So as to obtain the BTC in the relevant Address. In contrast, modern BTCAddress most commonly uses the "Pay-to-Public-Key-Hash (P2PKH)" format, which only exposes the hash-processed Public Key, which is relatively effective against quantum attacks, so the early P2PK Address is regarded as a more vulnerable part of the BTC ecosystem. It is worth mentioning that BTC inventor Satoshi Nakamoto's Address uses the P2PK format, in which about 1.1 million BTC is stored, which may become the target of quantum attacks. Cosine: Worry about Satoshi Nakamoto's Private Key in a few decades As the voice of quantum computing threat ferments in the community, many experts have recently published that the current quantum computing technology is far from a threat to BTC. For example, Jeffrey Scholz, founder of Rare Skills, recently analyzed the shortcomings of quantum computers in detail on Twitter, although it is still difficult for non-experts to understand, but Block chain security expert and Slow Mist founder Cosine summarized Scholz's view that the current quantum computing capabilities are still far from cracking the BTCPrivate Key: Quantum computing is currently dozens of doors, and it is really possible to crack BTCPrivate Key is at least a few million doors away. And this quantum gate is not easy to add, the noise and error rate will also increase, and eventually you will quickly get a waste machine in the real world. Worry about Satoshi Nakamoto's Private Key decades later. 认真学习... 省流:量子计算目前的几十门离really can crack bit币私钥至少还有几百万门的差距。 这个量子门增加不容易,noise 声和错误率也会增加,最终会快速地得到一台在现实世界中的废物... Ten years later, let's worry about the selfishness of Ben Xuan. — Cos (cosine) (@evilcos) December 11, 2024 Netizen: To die is also Ethereum to die first Scholz's analysis and cosine summary made netizens who were worried that quantum computing would threaten the security of BTC breathed a sigh of relief, so some people commented on Twitter, believing that even if quantum computing really breaks the Cryptocurrency, Ethereum will definitely fail before BTC. Because netizens think that it is less difficult to crack Ethereum. In addition, some people said that if quantum computing is still far from breaking BTC, then every time the market falls due to such news, it will be a good opportunity to catch the bottom. However, some people also pointed out that although quantum operations are not yet able to crack any public key of elliptic curve signatures, the probability of quantum operations cracking public keys will still rise in a few decades, so Cosine's statement that it will be too optimistic to remember Satoshi Nakamoto's Private Key decades later. Related reports Huang Jenxun shouted: Blackwell is the most successful product in the history of Huida! Shareholders talk about quantum computing layout and the future direction of AI What is the "departure test" proposed by Vitalik? How to evaluate the decentralization and security of projects Will quantum computing accurately predict global financial markets? US Department of Defense research results released "BTCWallet may be quantum computing "Brute Force Attack"? Cosine: Let's worry about Satoshi NakamotoPrivate Key in a few decades" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Block Chain News Media".