Earlier quoted context omitted.
Imagine that you find Satoshi's private key and start trying to sell his million bitcoins. Approximately one minute after you start this process, someone will figure out that either (1) bitcoins no longer securely belong to anyone or (2) Satoshi thinks selling off all his bitcoin is a good idea. Approximately two minutes after you start this process, the price of bitcoin will plummet. Sorry, you will not be taking ho…
You're not thinking big enough. Anyone can sell bitcoins and make money. But if you have the power to destroy bitcoin, well then you can short the entire bitcoin market and clean up. Frankly, I would just walk into the door of a large hedge fund and sell them to the key for $5B. They'll do far better than I ever could, and $5B is more money than I can possibly use in my lifetime, while being a tiny cost of business f…
Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory
101–110 of 146 posts
Re: Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory
#102Earlier quoted context omitted.
Are you sure? I was just going off a quick search of Amazon, where 1 GB of ram cost ~30$, 1 TB of disk cost ~50$, and a CPU with ~1MB of L2 cache cost ~200$. Based on that I actually thought 100x was a comfortable underestimate, not an overestimate.
CPU cost is not dominated by the cache size is the problem, I think.
https://cdn.wccftech.com/wp-content/uploads/2020/11/AMD-Ryze...
Re: Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory
#103One day you can start calculating private keys based on public keys. This is the biggest crypto puzzle: find private key of Sathoshi Bitcoin wallet with 1 mln bitcoins. Over $50 Bln prize for one crypto puzzle. This would be AlphaGo moment of quantum computing if you could make that one attack successful even while paying huge price (e.g. years of quantum datacenter work).
Re: Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory
#104Earlier quoted context omitted.
So, then I am definitely good using 4096 RSA?
Sure, but ridiculously large key sizes like 4096 bit RSA are not really any more resistant to quantum computing than smaller sizes. This is probably a joke, but the suggestion was made that you might be OK with a 1 TB RSA key size: * https://www.schneier.com/blog/archives/2017/05/post-quantum_...
> DJB yelling from the back of the room "How much RAM does the NIST benchmarking machine have??" Dustin Moody replying "Dan, we're not benchmarking pqRSA!"
https://crypto.stackexchange.com/questions/59591/why-is-pqrs...
Here's his explanation of the idea:
https://cr.yp.to/talks/2017.06.27/slides-djb-20170627-pqrsa-...
Re: Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory
#105One day you can start calculating private keys based on public keys. This is the biggest crypto puzzle: find private key of Sathoshi Bitcoin wallet with 1 mln bitcoins. Over $50 Bln prize for one crypto puzzle. This would be AlphaGo moment of quantum computing if you could make that one attack successful even while paying huge price (e.g. years of quantum datacenter work).
Re: Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory
#106Earlier quoted context omitted.
The hope is that quantum computers will give us an exponential speed up on some problems, which could (again, hopefully) allow us to solve some NP hard problems. This can be extremely useful for scientific computing (e.g. protein folding) and engineering, where computers have to solve complex NP-hard optimisation problems. It could also be possible to use the technology developed for the precise control and measureme…
>which will allow us to solve some NP hard problems No it won't
Re: Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory
#107Earlier quoted context omitted.
Sure, but ridiculously large key sizes like 4096 bit RSA are not really any more resistant to quantum computing than smaller sizes. This is probably a joke, but the suggestion was made that you might be OK with a 1 TB RSA key size: * https://www.schneier.com/blog/archives/2017/05/post-quantum_...
That pqRSA paper by DJB is a joke, but it's mathematically correct and an interesting thought experiment - RSA really becomes post-quantum when you use a 1 TB key because it outgrows what Shor's algorithm can scale at that point. The paper is actually better, it proposed an original algorithm, GEECM, that's faster than Shor's algorithm for numbers with many small factors, then also showed pqRSA is safe from GEECM. He…
Re: Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory
#108One day you can start calculating private keys based on public keys. This is the biggest crypto puzzle: find private key of Sathoshi Bitcoin wallet with 1 mln bitcoins. Over $50 Bln prize for one crypto puzzle. This would be AlphaGo moment of quantum computing if you could make that one attack successful even while paying huge price (e.g. years of quantum datacenter work).
I thought bitcoin was based off EC crypto, not RSA.
Re: Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory
#109Re: Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory
#110Side question: if quantum computers fulfill their promise, won't they break encryption as we know it? Are we ready for that kind of upheaval?
> Are we ready for that kind of upheaval? Quite sure cryptographers are ahead of the curve, they are a conservative bunch. There's multiple finalists in the NIST post-quantum comp with different quantum-hard mathematical properties. An over-abundance of lattice cryptography being standardised could possibly be a problem in the long term though. Asymmetric public key crypto and signatures being broken is the only real…