Upgrade Whole-Wallet Encryption PQ-E and Hard-Code PK to Whole-Wallet Encryption #25371

issue Gapcoin1 opened this issue on June 14, 2022
  1. Gapcoin1 commented at 5:30 PM on June 14, 2022: none

    Is your feature request related to a problem? Please describe.

    Post-Quantum Encryption Proposal:

    1. The Problem is that Quantum Computers are forcing upgrades to Encryption Standards

    2. Upgrading is complicated from code and hardware integration

    3. There are currently significant serious problems with the current Whole Wallet Encryption that needs upgraded at the same time

    4. The main problem is that Whole Wallet Encryption is easily by-passed if a PK is broken, Whole Wallet Encryption only protects against "Hot Wallets", the second problem is that AES is very bad Encryption standard to use

    Describe the solution you'd like

    I came up with a perfect idea to Soft-Fork Bitcoin into PQ-E without a Hard-Forking the Private Key or Hashing Algo, by tieing the Bitcoin Address Private Key Hard-Coded to the Whole-Wallet Encryption, wheras currently the Whole-wallet encryption is not tied to the Private Key and is easily By-Passed if Quantum Computers Hack a Private Key

    1. Hard-Code the Whole-Wallet Encryption to Protect all Private Keys held by a Wallet instead of the current form only protecting "Hot Wallets"

    2. Upgrade the Whole-Wallet Encryption to Post-Quantum Falcon-1024 Bit Encryption

    3. This is the perfect way to soft-fork PQ-E by first upgrading the Whole-Wallet Encryption while at the same time fixing the Gap in it's current form

    4. If Hard-Coded with a Whole-Wallet PQ-E Algo even a BROKEN Private Key will not be Spendable from the wallet unless the Whole-Wallet PQ-E approves

    Describe alternatives you've considered

    I have brainstormed the intricacies of upgrading the Private Key system and Hash Algo for Bitcoin

    Additional context

    This is a unique and strategic way to upgrade Bitcoin and protect against threat actors First Strike against Bitcoin

    However Older Cold Wallets that cannot upgrade to PQ-E Whole-Wallet Encryption is still at risk of being hacked and crashing Bitcoin for a period, but this soft-fix makes the Network retain First Mover Dominance

  2. Gapcoin1 added the label Feature on Jun 14, 2022
  3. MarcoFalke commented at 5:43 PM on June 14, 2022: member

    Usually the issue tracker is used to track technical issues related to the Bitcoin Core code base. Network-wide consensus and/or P2P changes first need to be discussed with the greater community, e.g. the bitcoin-dev mailing list. Also, they need a BIP to be implemented in Bitcoin Core and other software that connects to the bitcoin P2P network.

  4. MarcoFalke closed this on Jun 14, 2022

  5. Gapcoin1 commented at 5:54 PM on June 14, 2022: none

    Well, I am just a person not a syndicated team to issue a BIP

    This is only brainstorming it here and someone else can do the BIP

    But closing makes no input

  6. fanquake locked this on Jun 15, 2022
  7. fanquake removed the label Feature on Jun 15, 2022
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