Author: Gregory Maxwell 2015-04-07 21:37:15
Published on: 2015-04-07T21:37:15+00:00
On April 7, 2015, Jean-Paul Kogelman sent a communication that contained a link to a research paper posted on eprint.iacr.org. The paper discusses a new algorithm proposed for the Discrete Logarithm Problem (DLP), an essential component of many cryptographic systems, including Bitcoin. The DLP is used in public key cryptography and relies on the fact that it is difficult to compute the discrete logarithm of certain well-defined mathematical objects.The link was shared on Reddit in a post titled "New Algorithm for the Discrete Logarithm Problem," where users discussed the potential implications of this algorithm for Bitcoin and other cryptocurrencies. The post received several comments, with some users expressing concern about the possibility of this new algorithm being used to break Bitcoin's security.While the paper itself does not mention Bitcoin or any specific cryptographic system, the potential impact of this new algorithm on the security of such systems is a cause for concern. It remains to be seen how this new algorithm will be applied in practice and what its implications will be for the future of cryptography.
Updated on: 2023-05-19T20:01:39.883665+00:00