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simongoat (OP)
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April 12, 2018, 01:18:38 PM
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As I understand it bitcoin, ether etc are not hackable with the current technology we have. With quantum computing and AI will this change? And are blockchains able to adapt?
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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April 12, 2018, 01:25:24 PM
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in the future if any hacker has the ability to hack this sophisticated blockchain technology. in fact hackers are able to hack the bank, but not with blockchain.
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April 12, 2018, 01:37:02 PM
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Probably there are some critical bugs in the current code of various cryptocurrencies but they still were not discovered. As far as I know, quantum computers might be capable of getting around our all encryption algorithms. This will cause a lot of mess once quantum computers become affordable and more efficient. It is probably matter of years. Tt took a lot of time and effort to create PCs we know today. Let's hope that neither of it will happen anytime soon.
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