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Author Topic: Is this the end of Bitcoin Encryption?  (Read 1758 times)
dunfida
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September 07, 2016, 11:15:01 AM
 #41

But with this kind of invention on the hacking system, surely there will also be invented a new and better encryption system that will make Bitcoin more unhackable.

True,  if theres a new invented  on hacking system but  we should expect that  theres also a new encryption for sure in the future same as you said. In bitcoin for sure it would be developed more i guess which  puts more encryption even those new inventions cant  decrypt it.



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September 07, 2016, 12:10:58 PM
 #42

But with this kind of invention on the hacking system, surely there will also be invented a new and better encryption system that will make Bitcoin more unhackable.

True,  if theres a new invented  on hacking system but  we should expect that  theres also a new encryption for sure in the future same as you said. In bitcoin for sure it would be developed more i guess which  puts more encryption even those new inventions cant  decrypt it.

yes, there are stronger encryptions available right now but there is no point in changing anything today because first of all what OP is saying is about one Quantum computer which I am sure it has far more important stuff to do rather than trying to break encryption of a bitcoin address and steal its balance.

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September 07, 2016, 02:04:23 PM
 #43

Not a big problem, bitcoin will just change to another encrypting algorithm. Quantum Computing is not godlike technology and has it's limitations. not any algorithm could be easily cracked even by QC
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