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Author Topic: What if the number of zeroes run out?  (Read 107 times)
rivest (OP)
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July 03, 2021, 08:12:15 AM
 #1

Would it happen? Hashrate,  miners and therefore difficulty keep increasing...
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July 03, 2021, 12:27:37 PM
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 #2

"Number of zeros" in what? What the hell are you asking?  Huh

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July 03, 2021, 12:32:43 PM
Merited by NeuroticFish (1)
 #3

Would it happen? Hashrate,  miners and therefore difficulty keep increasing...
OK, so every 8 zeros represents 4294967296 (almost 4.3 billion) times faster bitcoin hash rate.
So we got more than 5 more sets of 8 zeros, or 4.29 billion x 4.29 billion x 4.29 billion x 4.29 billion x 4.29 billion
Which is an exponential increase, not a linear increase ... it wont happen.

Edit: reminder that 2^256 is close to the number of atoms in the universe (only about 1000 times smaller)

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July 03, 2021, 02:59:10 PM
 #4

Thanks that's all I wanted to know. I always thought it was linear.

OK, so every 8 zeros represents 4294967296 (almost 4.3 billion) times faster bitcoin hash rate.
So we got more than 5 more sets of 8 zeros, or 4.29 billion x 4.29 billion x 4.29 billion x 4.29 billion x 4.29 billion
Which is an exponential increase, not a linear increase ... it wont happen.

Edit: reminder that 2^256 is close to the number of atoms in the universe (only about 1000 times smaller)
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