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In the Wiki Page on Commitments, it is given that a commitment scheme may be perfectly binding or perfectly concealing but not both.

But in the following section about Bit-commitment from any one-way permutation, they mention that "This scheme is concealing..." and "Perfect binding follows..."

It does seem like this commitment scheme is both binding and concealing. What am I missing here?

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It is "computationally" concealing --- that is it conceals only to a computationally bounded adversary. Note that computationally hiding, perfectly binding and computationally binding, perfectly hiding commitment schemes are, both, possible.

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