The final sentence in the Abstract is, "This destroys the RSA cryptosystem"
This is profound if true. I'm obviously not qualified to audit Schnorr's work, but we can rest assured that peers in cryptography academia are pouring over this paper as we speak.
The paper is a legitimate eprint and various professionals have contacted Schnorr to confirm that he indeed is the true publisher of the paper (and that this isn't a hoax / someone looking to rile up bullshit).
The final sentence in the Abstract is, "This destroys the RSA cryptosystem"
This is profound if true. I'm obviously not qualified to audit Schnorr's work, but we can rest assured that peers in cryptography academia are pouring over this paper as we speak.
The paper is a legitimate eprint and various professionals have contacted Schnorr to confirm that he indeed is the true publisher of the paper (and that this isn't a hoax / someone looking to rile up bullshit).
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BY LibreCryptography
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Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin’s creator, Satoshi Nakamoto, originally described the need for “an electronic payment system based on cryptographic proof instead of trust.” Each and every Bitcoin transaction that’s ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. That’s by design: Core to their decentralized nature, Bitcoins aren’t backed by the government or any issuing institution, and there’s nothing to guarantee their value besides the proof baked in the heart of the system. “The reason why it’s worth money is simply because we, as people, decided it has value—same as gold,” says Anton Mozgovoy, co-founder & CEO of digital financial service company Holyheld.
Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.
