Quote from: bitcoindusts on September 06, 2018, 08:13:36 AM

Quote from: seoincorporation on September 03, 2018, 04:09:05 PM

So, the new technology in some point will become a vulnerability for the old technology, and developers should be one step forward to avoid this happen.

I sincerely believe that technology is not created to squash another, nor destroy it. Yes, i am not discounting the fact that quantum computing might break bitcoin's security but i doubt it will be intended to do so. Besides, there's a lot of intelligence poured unto the security dynamics of bitcoin that it was able to convince tech experts that it is nearly hack proof. The cryptographic keys it utilizes are not really of a simple matter otherwise, it would have not survived this much time. People are crazy smart and greedy, there were certainly a lot of attempts to decrypt bitcoin wallets and even attack on the blockchain was surely tried but none succeeded. I'm sure even a quantum computer could not help as the bitcoin core continues to develop and address vulnerabilities such as what you have noted.

Maybe squash other other technology is not the goal, the goal was just to make a super powerful computer to solve Genetics problems or Artificial Neuronal Networks, but lets remember bitcoin has been target of brute force attacks in the past, and if those hackers don't brute force the full network was because the hardware doesn't allow them to do it, but once we have the hardware to do it, then will be a big vulnerability.

Let's imagine one day we wake up and we see all the bitcoins moving to the same addy, in that scenario we can be sure some one already import all the privatekeys, and not even a fork can save us from that because all the addys would be already compromised.