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My understanding of security level is that for a crypto scheme to have n-bit security means it would take $2^n$ operations to break it.

For something like AES with a 128-bit key, it's straight-forward to see why it has 128-bit security.

What I don't understand is how 4096-bit RSA is estimated to have 128-bit security. How was that estimation determined?

Bastien
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