• 23/9/18 - We sincerely apologize for the recent downtime due to some server issues. Everything is back up and running smoothly thank you for your patience.
  • All Bets

    Bitcoin Cryptography Broken in 2018

    Bitcoin Cryptography Broken in 2018
    Category:
    Bitcoin
    Share

    Description

    The digital signature scheme of bitcoin with SHA256+secp256k1 ECDSA will be broken before 28 December 2018 by cryptography researchers.
    The attack should allow to forge digital signatures for at least a proportion of 1/1 million bitcoin users and steal money from them.
    It should be done faster than 2^100 point additions total including the time to examine the data.

    Decision Logic

    The decision will be based on the best attack known in academic cryptography literature.
    The result should be disclosed or publicly demonstrated before or on 28 Dec 2018.
    It should confirmed by a majority of at least 3 other independent researchers with a PhD in cryptography.
    Attacks in which the message was not signed correctly e.g. repeated identical randoms are NOT valid attacks.

    699
    CLOSING IN2018-12-18 22:55:00

    1:02PM, Jan 1, 2018 UTC

    10:55PM, Dec 18, 2018 UTC

    3:00AM, Dec 29, 2018 UTC

    11.180xCurrent Time-Weight Multiplier

    Total Volume: 0.0001

    YES
    Volume: 0.0000
    0
    # of Bets: 0
    Payout
    ROI
    0.00
    0%

    *assumes current weight and volumes

    NO
    Volume: 0.0001
    0.004317
    # of Bets: 1
    Payout
    ROI
    0.00
    0%

    *assumes current weight and volumes

    Discussion

    No one has said anything yet.

    Login or Sign Up to comment.

    Direct Link (click to highlight):

    BBCode (forums):

    Anonymous Bet - care to Login or Sign Up?

    Placing bet on ""

    Send winnings to:


    *For use with standalone wallets (bitcoin-qt, electrum).
    Shared wallets (exchanges, multifactor) will not work!

    Proceed

    Send your bet to this address:

    1EbocQk64Kh3bXVEebPcsCtcJoB2mRwNhk

    * Minimum bet is 0.0001 BTC

    Your bet will be automatically entered when picked up - no confirmations needed!

    Done