0 sats \ 1 reply \ @BlueSlime 3 Dec 2023 \ parent \ on: Q algorithm from Open Ai breaking encryption rumours….thoughts? tech
If ECDSA breaks, multisig will not save you. Hashed pubkeys will though, or at least force adversaries to wait until your tx has already hit the mempool.
Multisig makes it so much more difficult. If you can reverse the hash to a pub key and then factor the pub key, that’s 3 difficult problems. Then finding enough of the m of n combos in the entire set of possible keys that creates a single hash output is a whole other problem. When you don’t even know what the m or n values are, you have to brute force every single permutation. We don’t even have a quantum algorithm for that.