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> it's discovered to have an incurable security flaw. AFAIK, that's not possible. Secure hashing algorithms tend to fracture instead of completely break, so th
by lectrick 11y ago
> it's discovered to have an incurable security flaw.
AFAIK, that's not possible. Secure hashing algorithms tend to fracture instead of completely break, so there will be some warning; to change to a new algorithm, simply more than 50% of the Bitcoin miners would have to mine on the chain that relies on that new algorithm, and it thus becomes "voted" in.
- deleted 11y ago[deleted]
- copsarebastards 11y ago> > I don't see Bitcoin dying unless (until?) it's discovered to have an incurable security flaw. > AFAIK, that's not possible. That's an incredibly stupid thing to say. Please don't comment on topics you're ignorant on; you're spreading misinformation. Obviously the hashing algorithm is one of the stronger points in bitcoin's implementation; that's completely irrelevant.