Elliptic curve (EC) cryptography isn't as simple as RSA (large-prime based, signing and encrypting uses the same algorithm). The "signing" and "encrypting" algorithms are different in ECC, so to say "quantum will break Bitcoin's encryption" isn't exactly accurate, because Bitcoin only uses the signing-algorithm. Addspam Back is playing with words, the technical equivalent of correcting the conjugation of your verbs. He is saying the proper "concern" is when bitcoin's EC signing algorithm (ECDSA) is broken by quantum.

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Diyana's avatar
Diyana 1 week ago
You are too sweet to stop and explain all this to me. This is a massive thread I do not have bandwith to dive into rn to understand all the nuances and perspectives. But help me understand... Is @Gigi agreeing with what Adam is saying or is he being sarcastic? Also, I feel like your response is lightly colored by a layer of core vs knots team stance. Remind me where Adam stands and where you stand? It will help me distinguish the various positions. Seems like Addspam would have to be core, so then you are knots? And sounds like he's correcting the fudders in their terminology and he may not be on the team of quantum as an immediate near future threat Nor is Gigi and you? Did I get that right? ๐Ÿ˜…
I'm neither on core or knots team. I'm on the no-spam team, whatever if there is one. I won't be upgrading core to v30. I think Gigi is making a joke of Adam's sarcasm. In any case, I've lost respect for most OG bitcoiners after core became captured and I had to bear witness to their bootlicking the github credential owners.
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