degen404

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Aug 14, 2017
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  • While USDT is considered the most reliable, I recall that USDT experienced significant reserve issues at one point, and this was debated for a long time. USDT emerged with better oversight. There are other stablecoins…

  • We consider the set of all points on secp256k1. For a randomly chosen point (uniformly distributed among the ≈ 2²⁵⁶ possibilities), the probability that its x-coordinate is divisible by 27 is about 1/27. Among those,…

  • The conditions we examined are not independent, and indeed any integer x that is a multiple of 27 automatically satisfies (x % D) % 27 == 0 only if D itself is a multiple of 27? Wait, careful: If x is a multiple of 27,…

  • You’re right: 15460270 is less than 2²⁴, not 2²⁷. That was a slip – it’s a 24‑bit number. Thank you for the correction. You are correct that saying "D % 27 == 0 has probability 1/27" is misleading, because D was…

  • Thank you for your comment. Let me clarify the discovery with precise mathematics. We define: - `D = 2³² + 977` - `d' = D/27` (an integer) - `r' = (Gx % D) / 27` (an integer because both Gx and D are divisible by 27)…

  • Thank you for your comment. You are right that the simple fact that G.x is divisible by 27 has a probability of about 1/27, which is not remarkable by itself. However, our discovery goes far beyond that. Let me explain…

  • Hey folks, So, I took a deep dive into the secp256k1 elliptic curve and stumbled upon a pretty interesting arithmetic relationship tied to the x-coordinate of its generator G: G.x = 27·(k₀·d' + r') where - D = 2³² + 977…

  • I've joined a few launchpools before, but it was a complete waste of time. I might have earned a few pennies, but they're still in my wallet, so I haven't even checked. If you only invest a small amount in the pool,…

  • I don't think altcoins are decentralized. They label them decentralized, but that's impossible. Altcoin investments, even those we call major altcoins, are extremely risky. They all use similar technologies, the only…

  • The future of Bitcoin and other altcoins is already clear they've proven themselves. It's been truly enjoyable to observe them since 2011, and I hope you continue to enjoy it. As for freedom, economic freedom, it's now…

  • I wonder who is handling the custody of this for them. That was probably the hardest part of the whole thing for them to work out. I figure it could be Greyscale, or one of the exchanges (Gemini? Kraken? Coinbase?).…

  • I recall there being some really significant transparency debates surrounding Tether in the past. However, both stablecoins carry different risks regulatory risk, reserve structure risk, and counterparty risk. I would…