📅 Original date posted:2016-02-22
📝 Original message:"*Abstract: *Digital currencies like Bitcoin rely on cryptographic
primitives to operate. However, past experience shows that cryptographic
primitives do not last forever: increased computational power and advanced
cryptanalysis cause primitives to break frequently, and motivate the
development of new ones. It is therefore crucial for maintaining trust in a
crypto currency to anticipate such breakage.
We present the first systematic analysis of the effect of broken primitives
on Bitcoin. We identify the core cryptographic building blocks and analyze
the various ways in which they can break, and the subsequent effect on the
main Bitcoin security guarantees. Our analysis reveals a wide range of
possible effects depending on the primitive and type of breakage, ranging
from minor privacy violations to a complete breakdown of the currency.
Our results lead to several observations on, and suggestions for, the
Bitcoin migration plans in case of broken cryptographic primitives."
https://eprint.iacr.org/2016/167
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Ethan Heilman [ARCHIVE] /
npub1ga…gac47
2023-06-07 17:49:13
in reply to nevent1q…akx9
Author Public Key
npub1gaszwl7qd0tjmnwcaamgzzgsmzzjlvle6kz0td66pwa8z69vsxsqxgac47Published at
2023-06-07 17:49:13Event JSON
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"content": "📅 Original date posted:2016-02-22\n📝 Original message:\"*Abstract: *Digital currencies like Bitcoin rely on cryptographic\nprimitives to operate. However, past experience shows that cryptographic\nprimitives do not last forever: increased computational power and advanced\ncryptanalysis cause primitives to break frequently, and motivate the\ndevelopment of new ones. It is therefore crucial for maintaining trust in a\ncrypto currency to anticipate such breakage.\nWe present the first systematic analysis of the effect of broken primitives\non Bitcoin. We identify the core cryptographic building blocks and analyze\nthe various ways in which they can break, and the subsequent effect on the\nmain Bitcoin security guarantees. Our analysis reveals a wide range of\npossible effects depending on the primitive and type of breakage, ranging\nfrom minor privacy violations to a complete breakdown of the currency.\nOur results lead to several observations on, and suggestions for, the\nBitcoin migration plans in case of broken cryptographic primitives.\"\n\nhttps://eprint.iacr.org/2016/167\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20160222/f19be77c/attachment.html\u003e",
"sig": "bb9aed5432ded80e3cdfba4fd1f00f2e0f2d109f9d0975bb0ecd8b9f593d3385ffc273673a8c3927d9e8fb3c1288f14c249d2ea050d922f3a5e3bd428d0118ff"
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