Could create superconductors that make hacking encryption easy.
Discussion
Either way, I find it fascinating. I love thinking about all the things that are possible.
But, how would this affect Bitcoin's value? And would it increase or decrease mining difficulty?
Becomes worthless
Or maybe the opposite, the most valuable thing ever!
Hear me out! You might be spot on with this statement. LK-99 is a superconductive material. So, that means, even though you would still need an external power source, like a generator of sorts, there would be no resistance to keep the electrical current flowing from rig to rig. If that is the case, then almost anyone would be able to run a rig. This is all theoretical, of course. Oh, the wonderful things LK-99 will bring us! 👀🤔
Why?
If your password is easily accessed, you no longer own what’s hidden behind they password.
Will be a massive issue for banks as well.
Would we have to move to 3 factor authentication maybe. That's all I can think that would solve that.
Idk, would mining difficulty adjustment still be valid even? Would the rules still apply?
Let's say we mine all the blocks. And now we just validate transactions. It's now the new chapter on bitcoins history. Now it's bitcoin citadel time babyyyyy!