Damus
Cyph3rp9nk profile picture
Cyph3rp9nk
@Cyph3rp9nk
The debate that Willy Woo has reignited about quantum computing and taproot is interesting.

While I believe that it will take many years and decades to see quantum computing as we imagine it, I do believe that taproot was a design flaw in every respect.

As I have mentioned many times, there is widespread suspicion that taproot was approved due to pressure from Core members who had stakes in mining pools.

But the truly amusing aspect is that taproot addresses are less secure than segwit addresses, significantly less secure, given that taproot addresses permanently display the public key.

A state attacker, for example, could collect Taproot addresses (and other vulnerable ones such as P2PK and Bare multisig/scripts with direct pubkeys) and decrypt their private key.

In segwit addresses (also P2PKH and P2SH/P2WSH), this is not possible, since the public key is not exposed; it is only possible at the moment of spending, which is when the public key is exposed, i.e., while it is in the mempool waiting to be confirmed.

This reduces the window to minutes and greatly reduces exposure to attack.

The example to follow is that of Signal and SimpleX, which improve their encryption algorithms with every step they take and prepare for quantum computing well in advance.

Meanwhile, Bitcoin is more concerned with allowing spam and shitty protocols like Citrea.

This has less and less of a future.

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Des Imoto マキシ · 39w
There’s no such thing as quantum computing. It’s another scare tactic to change the Bitcoin code. Please dig a little deeper. It’s just a buzzword to manipulate people. Ps, there’s no AI either. It’s just adding natural language creation to google searches. Bitcoin on the other hand, g...
Thekid.999 · 39w
I didn't read your whole note. I just read the first 2 sentences. I'm sure he's saying that because he lost his crowd. Bro, didn't he say he sold all his Bitcoin for etf, bro? He's lost his crowd. So he needs to say something. So people can talk about him.
npub13zcvggl · 39w
Is that why electrum does not support taproot yet?
Anony · 39w
Thanks. This is well explained, for exactly the area I hadn't looked into yet.
npub13zcvggl · 39w
nostr:nprofile1qqsqa6p85dhghvx0cjpu7xrj0qgc939pd3v2ew36uttmz40qxu8f8wq8vdeta are segwit addresses safer than taproot?
verbiricha · 39w
this is the BIP that matters most rn https://bip360.org/bip360.html
inpc · 39w
JPEGs > Privacy.
mleku · 39w
sooner or later, there's going to be a fork. some people will want to sunset these bad additions to the protocol and replace their vulnerable steps with secure ones. i guess these people have a fabian socialist "death by a thousand cuts" attack methodology. they think if they just corrupt it little ...
Striker · 39w
Quantum is a psyop
Tauri | Bitcoin-BLAKE2b · 39w
> due to pressure from Core members who had stakes in mining pools Becoming hard to ignore this in light of developments around Core 30.
Marcellus · 39w
Do time locked taproot addresses share this weak point?
ynniv · 39w
what are you doing to make citrea et al unnecessary?