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Possible. It's up to people to decide if they're OK with a known 92% collision out there (with the unknown being there could be a 100%), or go for something stronger.
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Thanks, you have this exactly right. The unknown part is especially worrying because we didn't implement many of the strongest ways to make to the final stretch yet, i.e. Wang-style message modification. Our result is basically a very strong direction in this cryptographic research, but not a full break yet.
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