Could someone explain in layperson terms why it is not possible to figure out a key to solve all future hashes or blocks and create bitcoins at will?
Not sure if I phrased my question correctly but hopefully you know what I mean.
I'm not a math genius, but my understanding is that the hash operation is a one-way calculation. The best mathematical minds in the world have tried to find ways to reverse the calculation, but they all came up empty. The consensus among mathematicians is that the problem can probably never be solved. If they are all wrong, and someone comes up with a solution one day, it would break a whole lot more than just Bitcoin. We would basically lose all Internet security!
How are you at advanced mathematics? Enormous awards await the person who solves the problem that the best minds in the world say is impossible to solve!