We all know that Chinese aren't that far behind in terms of technology. In fact, theirs are advancing at a fast rate. Even though they hold the sufficient technology to crack or generate the same private keys to Satoshi's addresses, it still is a resource-consuming and time-consuming effort to recover those coins. SHA-256 is secure enough to be cracked by our technology for the next couple of centuries, and I doubt that even with the world's most advanced computers today, the algorithm would be cracked within a short span of time.
"Far behind"? !!!
LOL!
They are way ahead of everyone.
The truth is, you should consider yourselves lucky to say that YOU are not far behind the Chinese in technology.
i remember that japan were the one that were so far ahead in general technology, chinese are just good at doing thing fast and discover new things maybe, because they are many, still this news remain a pure trolling
Should read, Chinese team is trying to steal and kill satoshi's bitcoin. There should be a price put on their heads to be honest. If they manage to get one private key I for one will dump my coins and not look back wtf are they doing.
Either Bitcoin has a preexisting flaw or it doesn't. If it does indeed have a flaw and its algorithm can be cracked then it was bound happen eventually. It's better for them to find out now and patch it up rather than 20 years from now
when Bitcoin has a 500 billion dollar market cap and the consequences of such a flaw being discovered would be much worse.
Erm, sorry to break it to you but....
If there is a flaw and it get's exploited by the Chinese or whoever to steal Satoshis coins, then there is no Bitcoin anymore.
At least that is what I think.
i'll not be so sure about this, if some serious flaw will eventually come out now the price will be dumped only to a certain point, then a new ascension will start
it will happen the same thing that happened with the txid malleability flaw