Author: Ron 2013-12-22 21:37:41
Published on: 2013-12-22T21:37:41+00:00
A member of the Bitcoin-development mailing list asked if the dual elliptic curve algorithm mentioned in a recent article about the NSA's encryption capabilities was a concern for Bitcoin. The algorithm is related to Elliptic Curve DSA, which is used in Bitcoin. The question prompted discussion among the list members about the security of Bitcoin's cryptography and the possibility of using alternative algorithms. Some members suggested that Bitcoin should switch to a different algorithm as a precautionary measure, while others argued that the current algorithm is still secure. Ultimately, the consensus was that more research and analysis is needed before any changes are made to Bitcoin's cryptography.
Updated on: 2023-06-07T22:54:48.495233+00:00