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Cc: Bitcoin Development <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Stealth Addresses
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> On Fri, Jan 17, 2014 at 8:55 PM, Alan Reiner <etotheipi@gmail.com> wrote:
>> Isn't there a much faster asymmetric scheme that we can use? I've heard p=
eople talk about ed25519, though I'm not sure it can be used for encryption.=
>=20
> Doing ECDH with our curve is within a factor of ~2 of the fastest
> encryption available at this security level, AFAIK. And separate
> encryption would ~double the amount of data vs using the ephemeral key
> for derivation.
>=20
> Using another cryptosystem would mandate carry around additional code
> for a fast implementation of that cryptosystem, which wouldn't be
> fantastic.
>=20
> So I'm not sure much can be improved there.
In the case where payment is being sent only to Q1, and Q2 is for discovery o=
nly, perhaps we could use a 160-bit curve for d2/Q2 and e/P resulting in 20 b=
yte vs 32 bytes in the OP_RETURN, and of course faster multiplication.=20
80-bits of security I assume still greatly exceeds the actual level of priva=
cy you get with the overall solution, and since Q2 is never protecting actua=
l funds...
But if it's a "real weakening" of the privacy then definitely not worth it, a=
nd even the added complexity of another curve seems possibly not worth it...=
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