Reddit was not an ideal place for me to ask this. At least on Jow Forums, most of you will admit to being brainlets/retards and not knowing the answer, versus everyone on Reddit thinking they are smart and all correct. So, my question is: hypothetically for context, what would it look like if Bitcoin had a vulnerability 10 years from now and needed to upgrade to a new/better security algorithm? Would that be an absolute nightmare as far as testing? Or could it potentially be a larger vulnerability just by try to replace SHA256? I know it's very unlikely, but just for the sake of my curiosity. Thanks.
SHA256
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Pretty sure it would mean a new fork for BTC.
You moron. Cyrptography is useless with quantom computing. We KNOW 100% that a flaw is coming for bitcoin. It's quantom you moron.
hm i wonder if quantum computers can crack sha256 encryption, I wonder...
Ask plebitt
Yes, they can. No more wondering.
until i see it with my own fucking eyes, I aint believeing nothin junior
Again, as others have pointed out. Bitcoin's "security" is mathematically secure just as much as the most important, dangerous, weapons of mass destruction, national secrets, etc. If Bitcoin is fucked, we're ALL fucked.
It would be an utter shitshow because miners and mining equipment companies have huge vested interests in keeping the algo the same. Another reason why PoW and lack of onchain governance are a meme.
As far as key encryption goes I have no idea though.
Just sayin what quantum computers can break is rsa encryption, there is already a shit ton of algos specially designed "quantum proof"