What Does It Take to Break Bitcoin’s Encryption? - The Backend Engineering Show

Explore the intricacies of Bitcoin's encryption and the challenges involved in breaking it in this informative video. Delve into public key cryptography, Bitcoin keys, and the role of Bitcoin addresses. Learn how miners verify transactions and when public keys become visible. Discover the importance of wallets in the Bitcoin ecosystem. Examine potential methods for breaking Bitcoin's encryption, including finding wallet files, exploiting transaction postings, and targeting specific addresses. Gain insights into bits of security and hear the presenter's thoughts on the subject. Enhance your understanding of Bitcoin's security measures and the complexities of cryptocurrency encryption.

Intro
Public Key Cryptography
Bitcoin Keys Private key/public key and bitcoin address
Why do we need a Bitcoin address
How minors verify transactions
When is the bitcoin public key visible?
The Wallet
What does it take to break bitcoin?
Bits of security
My thoughts