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by danuker 1442 days ago
I expect you'd see a large increase in Bitcoin Days Destroyed, perhaps unrelated to market volume, should someone break ECDSA.

Bitcoin uses ECDSA to validate whether coins were spent by the owner of an address.

https://en.bitcoin.it/wiki/Elliptic_Curve_Digital_Signature_...

2 comments

Well good thing that some of the cryptographers that created Falcon [0][1] (the ones who developed Algorand) for post-quantum cryptography for digital signatures use cases is considered to be 'standardised' as such.

This tells me that Algorand is one of the more serious blockchain projects out there with top cryptographers as evidenced by Falcon.

[0] https://falcon-sign.info

[1] https://github.com/algorand/falcon

The modern wallets don’t publish the public key though, so this is not likely to help.
That's only Bitcoin though
He did say bitcoin specifically.