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From: Peter Todd <pete@petertodd.org>
Date: Mon, 11 Jan 2016 06:57:42 +0000
To: Rusty Russell <rusty@rustcorp.com.au>,
	Rusty Russell via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org>, 
	Gavin Andresen <gavinandresen@gmail.com>, Anthony Towns <aj@erisian.com.au>
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Cc: Bitcoin Dev <bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Time to worry about 80-bit collision
	attacks	or	not?
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-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512



On 10 January 2016 22:57:15 GMT-05:00, Rusty
>Cheers,
>Rusty.
>[1] Weirdly, the bitcoin network is doing this much work every 57
>    days, for about $92M.  If that's all the attack costs, it's under
>    1M in 10 years.

Don't get too caught up in Moore's law here - more likely the attack will become feasible because SHA2 is partially weakened, as happened with SHA1. Having industry standard safety margins would make such a weakening be an academic problem rather than an emergency.
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