4 ms·
If and when sha256 is broken, the internet breaks, period. It will be a Y2K-like event across the world. Every single banking website would be vulnerable. The
by lowkey 5y ago
If and when sha256 is broken, the internet breaks, period. It will be a Y2K-like event across the world. Every single banking website would be vulnerable.
The Bitcoin core devs have been thinking about the failure modes of hash algorithms since Satoshi. If you are betting against Bitcoin primarily because you believe it will fail when sha256 inevitably falls, you are missing the bigger picture and underestimating the resilience of the Bitcoin developers and broader community.