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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26852295 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
ChartBuddy
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March 07, 2023, 04:01:16 AM


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March 07, 2023, 04:22:38 AM

the evening wall report


dyor

a morning star shines bright on the monthly chart
the worm Moon waxes full
accumulate...2025 is right around the corner


Monthly

stronghands
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'The right to privacy matters'


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March 07, 2023, 04:30:27 AM


buddy is done for monday.

and so am i. nite all.
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Bisq Market Day - March 20th 2023


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March 07, 2023, 08:57:54 AM

JUST IN: 🇺🇸 SEC files emergency action against Miami investment adviser BKCoin for $100 million #crypto fraud scheme.

https://twitter.com/WatcherGuru/status/1632785169940639745?t=jJSoAvZKbxsPn8uKiBmqog&s=19
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retired


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March 07, 2023, 10:27:49 AM

Time flies. LOL.


Source
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a Cray can run an endless loop in under 4 hours


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March 07, 2023, 10:35:01 AM
Merited by BobLawblaw (25), El duderino_ (4), vapourminer (1), Hueristic (1), JayJuanGee (1), Lucius (1), jojo69 (1), d_eddie (1), AlcoHoDL (1), DdmrDdmr (1), dragonvslinux (1), Gachapin (1), hisslyness (1)

scary shit!

Polynonce: A Tale of a Novel ECDSA Attack and Bitcoin Tears

https://research.kudelskisecurity.com/2023/03/06/polynonce-a-tale-of-a-novel-ecdsa-attack-and-bitcoin-tears/
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what is this "brake pedal" you speak of?


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March 07, 2023, 12:32:32 PM
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doesnt that say what we already know? reusing addresses Bad because public key exposed etc. so what? always use new address. isnt that basically considered best practice already?
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a Cray can run an endless loop in under 4 hours


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March 07, 2023, 12:38:41 PM
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doesnt that say what we already know? reusing addresses Bad because public key exposed etc. so what? always use new address. isnt that basically considered best practice already?

I knew, that quantum computers can crack the private key, if the public key is known. With this attack they don't need quantum computers anymore.
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what is this "brake pedal" you speak of?


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March 07, 2023, 12:48:50 PM
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doesnt that say what we already know? reusing addresses Bad because public key exposed etc. so what? always use new address. isnt that basically considered best practice already?

I knew, that quantum computers can crack the private key, if the public key is known. With this attack they don't need quantum computers anymore.

i know that as long as no public key is exposed nothing, not even quantum stuff, can get it. but once the public key is known (watch for them in the mempool) its a race as to whether the attacker can crack your private key and take over that tx (rbf), before it gets mined into the blockchain.

thats my basic understanding. feel free to correct me.
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March 07, 2023, 01:08:34 PM
Merited by vapourminer (1), JayJuanGee (1)


doesnt that say what we already know? reusing addresses Bad because public key exposed etc. so what? always use new address. isnt that basically considered best practice already?

I knew, that quantum computers can crack the private key, if the public key is known. With this attack they don't need quantum computers anymore.

i know that as long as no public key is exposed nothing, not even quantum stuff, can get it. but once the public key is known (watch for them in the mempool) its a race as to whether the attacker can crack your private key and take over that tx (rbf), before it gets mined into the blockchain.

thats my basic understanding. feel free to correct me.

Interesting read. I'd say vroom is not correct here, exposing your public key does not mean quantum computers can crack private key. At least that's not what the article is about.

(Please provide source if this is the case).

vapourminer is closer to the truth here, but it's not just about exposing your public key. Exposing pub key with 1 signature isn't the risk described, based on trying to find a common demoninator to private key. The risk is about exposing pub key is related to nonces, in this case, nonce reuse. Because then determining the private key, based on two different signatures with same nonce, becomes a lot more straight forward.

Quote
Interestingly enough, we could break all these wallets, not because of a linear or quadratic recurrence but because there was at least one repeated nonce in the signatures. So, it looks like the common mishap of ECDSA implementations using a repeated nonce was the cause of trouble.

Notably, they weren't able to hack any wallets with different nonces, or addresses that used a single nonce (they didn't even try) but this is somewhat besides the point based on the "mishap" of ECDSA implementations which creates this vulnerability of repeated nonce use. Somebody can no doubt explain it better and more accurately than me, but after reading the article in full, I get the jist of it.

Ultimately, this isn't really information that we didn't already know - hence it's always been recommended to use different addresses due to possibility of "reverse engineering" signatures (ie those with the common variable of nonces, when those variables become a constant due to implementation error). Even the first implementation of Bitcoin in 2019 protected against this with the use of change addresses it's worth noting.

It's only newer implementations that have encouraged (or forced) address reuse that becomes the problem here, combined with nonce reuse.
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March 07, 2023, 01:17:53 PM
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It definitely is scary when you read the heading... But dive a little deeper and you realize it is an issue that has been discussed before.

Hence, most, and i hope most, bitcoin wallets are programmed to use different/random nonces with each signing, therefore eliminating the novel attack.

I've been studying/readying and trying to understand ECDSA (still learning, especially the mathematics) and Public/Private Key and how it all works... then you would really appreciate, that with proper implementation, ECDSA is secure.

I recommend everyone to at least understand the difference between Symmetric Encryption vs Asymmetric Encryption, if you don't already know it...
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