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bchbtch
replied 2722d
No kidding. I'm not talking about current tech. How long will the 160 bits hold? not forever, and we'll have to upgrade. If someone doesn't upgrade what do you do?
replied 2722d
The 160 bit hash is just an extra layer to protect against a potential flaw in secp256k1. When you transact, you reveal the public key anyway (that's why we have change addresses).
bchbtch
replied 2722d
https://lbc.cryptoguru.org/

Is this method flawed?
replied 2722d
I'm not qualified to answer that, but it looks like a fun experiment.