Bitcoin Forum
June 21, 2024, 04:17:58 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Other / Beginners & Help / Re: Hello I'm new on: May 28, 2013, 01:40:37 AM
Hi and nice to be here
2  Other / Beginners & Help / Re: Hello all on: May 28, 2013, 01:39:24 AM
Hi, I am also new here
3  Other / Beginners & Help / Re: Quantum computing and Bitcoin cryptography on: May 28, 2013, 01:06:10 AM
As far as I gather generating a new block requiers solving the problem

 find x so that H(H(x)) < eps  

where H() is the hashing function, x is the input and eps is a (small) integer.
I think this is solved today by a brute force method. Miners try many variations of x until they stumble upon a solution. Making eps smaller makes the problem harder.

What happens if in 5 years there will be a quantum computer that can solve this problem very quickly with eps = 0 ? Will that be the end of bitcoin?
4  Economy / Games and rounds / Re: *FREE BTC* -PrimeDice.com Giveaway Thread - Just post Address! *FREE BTC* on: May 28, 2013, 12:10:13 AM
babalu  1CTPrhAf9rM3a1pSEG3ANnsTPwrDAT9rme
5  Economy / Games and rounds / Re: *FREE BTC* -PrimeDice.com Giveaway Thread - Just post Address! *FREE BTC* on: May 28, 2013, 12:01:54 AM
1EcaBzJBgLPQG4Px7bjQa5dnFkNrV5TwSx
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!