Post
Topic
Board Bitcoin Discussion
Re: hacking secret keys in the future
by
waaat?
on 21/01/2015, 03:48:39 UTC
let's say we're 20 years in the future and the world has adopted bitcoin as a global currency.  We develop very sophisticated processing technology, and a bunch of nerds hack all the secret keys of the bitcoin network.  That is a bad future.

If sha256 is broken it'll have to hardfork to a better algo. It's working for now.
When it stops working you'll notice from the monster-dump on the market.
So now that i think about it: in case Sha is broken it will be too late to fork already because markets will be crashed down before people become aware.