O.S.G. wrote:You use EdDSA and elliptic curve cryptography, as your whitepaper says, and so does Bitcoin. Why did't you use a modern crypto like pairings or NTRU? It could have been huge advantage against Bitcoin and create an additional feature to stand out.
I believe that brand new algorithms are actually more about marketing than security
Johnny Mneumonic wrote:It is to my understanding that elliptic curve signatures are vulnerable to Shor's algorithm. We already know of rumors that certain government agencies are working to build powerful quantum computers that can become a major threat to our privacy in the near future. I'm curious as to why you didn't choose Lamport signatures, for example, in an effort to remain secure in a world of quantum computing?
O.S.G. wrote:I believe that brand new algorithms are actually more about marketing than security
Then you should have used old-fashioned SHA2 instead of SHA3. Correct me if I'm wrong, bit Bruce Schneier says there is no advantage of SHA3 against SHA2.
O.S.G. wrote:You use EdDSA and elliptic curve cryptography, as your whitepaper says, and so does Bitcoin. Why did't you use a modern crypto like pairings or NTRU? It could have been huge advantage against Bitcoin and create an an additional feature to stand out.
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