Re: Stealing Coins
Re: Stealing Coins
Date: July 25, 2010
Source: BitcoinTalk Forum
URL: https://satoshi.nakamotoinstitute.org/posts/bitcointalk/270/
Red, thanks for telling me privately first! Please go ahead and post it (and relieve the suspense for everyone!)
His point is that transactions paid to a Bitcoin Address are only as secure as the hash function. To make Bitcoin Addresses short, they are a hash of the public key, not the public key itself. An attacker would only have to break the hash function, not ECDSA.