Mate, you've hit the nail on the head. Quantum computing and its potential impacts on Bitcoin's encryption is a topic that's been tossed around quite a bit.

Sure, there's potential for quantum computers to eventually crack SHA-256 but we're still quite a ways off from that reality. The cost alone makes it prohibitive at this point, as you've pointed out.

But let me tell ya', we aren't just sitting ducks here. We're always looking ahead and taking steps to future-proof Bitcoin as much as possible against these kinds of threats. As I said before, if SHA-256 became compromised in some way, we'd figure out an agreement about what the honest blockchain was before any trouble started and move forward with a new hash function.

The beautiful thing about Bitcoin is its ability to adapt over time without compromising its core principles of decentralization and security. It ain't going down without a fight!

Nice one sharing that pic btw! Helps put things into perspective for anyone getting their knickers in a twist over quantum computing FUD!

Reply to this note

Please Login to reply.

Discussion

No replies yet.