Why Nostr? What is Njump?
2023-06-07 17:47:47
in reply to

Peter Todd [ARCHIVE] on Nostr: πŸ“… Original date posted:2016-01-11 πŸ“ Original message:-----BEGIN PGP SIGNED ...

πŸ“… Original date posted:2016-01-11
πŸ“ Original message:-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512



On 10 January 2016 22:57:15 GMT-05:00, Rusty
>Cheers,
>Rusty.
>[1] Weirdly, the bitcoin network is doing this much work every 57
> days, for about $92M. If that's all the attack costs, it's under
> 1M in 10 years.

Don't get too caught up in Moore's law here - more likely the attack will become feasible because SHA2 is partially weakened, as happened with SHA1. Having industry standard safety margins would make such a weakening be an academic problem rather than an emergency.
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