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1  Bitcoin / Development & Technical Discussion / I have a question about bitaddress.org and sha1. on: April 02, 2022, 09:41:09 PM
I know that this is already discontinued, but I was curious to know how likely it is that with brute force, and replicating the conditions of the time such as Operating System, date, and the first versions of the code, sha1, using modern power.

Could the private keys of any of those wallets generated with the first versions of bitaddress.org be found?





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2  Bitcoin / Development & Technical Discussion / Re: "Bitcoin Parity Address" , Amateur Idea on: March 19, 2022, 09:44:56 PM
Quote
Is the SHA256 the secret exponent, or is it taken to the power of a very large unknown number?
It doesn't matter that much, because if there are two people and they want to make a shared address, then it could be 2-of-2 multisig, 1-of-2 multisig or 0-of-2 multisig. Each of that three cases could be handled by Taproot.

2-of-2 multisig: PTLC as it will be in the Lightning Network.
1-of-2 multisig: Spend by key for the more likely path and spend by TapScript for the less likely. Or spend by single key with some commitment (that could be hidden in a signature), just to know who moved the coins.
0-of-2 multisig: No keys, so just a commitment that anyone can produce (and even attach to someone else, just to reduce costs).

thanks for the suggestions, I'm studying all this to see its feasibility
3  Bitcoin / Development & Technical Discussion / Re: "Bitcoin Parity Address" , Amateur Idea on: March 19, 2022, 09:06:49 PM
One question. Your diagram (which by the way should not be hosted on Reddit so it doesn't get deleted forever - try Imgur instead) says "secret exponent" next to the final SHA256. Is the SHA256 the secret exponent, or is it taken to the power of a very large unknown number?

thanks, I have modified the post, as for the "secret exponent" it is the sha256 of the "parity".
4  Bitcoin / Development & Technical Discussion / "Bitcoin Parity Address" , Amateur Idea on: March 19, 2022, 06:49:29 PM
I don't know much about this, it's just an idea, I'm not aware that it already exists or there are better options( experts, don't humiliate me)

I made this concept of a new address double signature.

use the P2PKH addresses only to globalize the understanding of the image and it does not necessarily have to be that way.

From my point of view these wallets would be 6 times more secure than P2PKH (referring to brute force)

What do you think?



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