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Author Topic: Withdrawing BIP 17, and proposing BIP 18; please review patch  (Read 3296 times)
kjj
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March 16, 2012, 04:21:11 PM
 #21

No, it doesn't help any.

If you want to try to find a hash collision so that you can steal coins, you are better off making the simplest possible transaction, which is just one single key.  Once you've done that, it is just a matter of finding keys to match all 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976 possible hashes.

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Maged
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March 16, 2012, 07:34:11 PM
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It does mean that you don't need to waste time generating new keys and can just do a hash operation. Hash operations are much cheaper then ECC operations. That being said, the difference isn't all that much to matter here.

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March 17, 2012, 11:31:18 PM
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* ShadowOfHarbringer is watching this.

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March 17, 2012, 11:53:27 PM
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* ShadowOfHarbringer is watching this.
Lol, that sounds so ominous.

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