# Re: Stealing Coins

Post by: satoshi on July 25, 2010, 07:06:23 PM

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.

---

Source file: bitcoin-forum-satoshi-nakamoto.tgz

External link: https://bitcointalk.org/index.php?topic=571.msg5724#msg5724