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That not how bitcoins are created. You don't just make a few extra. The block reward is fixed, if someone made a block with more than the block award it'd be re
by deadbunny 4y ago
That not how bitcoins are created. You don't just make a few extra. The block reward is fixed, if someone made a block with more than the block award it'd be rejected by the network.
- thematrixturtle 4y agoNo need to create net new coins, if you can crack SHA you can start moving around somebody else's existing bitcoins. Choose your target carefully (lots of dormant and/or hacked BTC out there) and nobody will twig on for a long, long time.
- derangedHorse 4y agoThe transference of Bitcoin still relies on digital signatures so the only way to forge transfers would be if ECC (or bitcoin’s implementation of ECC) was broken).
- solveit 4y agoYou are agreeing with me. An attacker that has broken sha-2 would pretend to be a miner, not mint trillions of bitcoin (which is not possible as you say).