An advanced technology could kill crypto?

[LostEcho]

The world of technology is evolving every year what if in future a new tech is been born that can kill crypto or works better than crypto won't this kill cryptocurrencies?

Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?

[tabas]

The world of technology is evolving every year what if in future a new tech is been born that can kill crypto or works better than crypto won't this kill cryptocurrencies?

Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?

Then it will be able what it has to do. There has been a lot of talks about this topic in the past but until now, there's none of them in existence, or if there is already one in existence it doesn't have to kill crypto. They're talking about the quantum computers that shall crack the consensus algorithms like PoW. That's what they are telling but technically, I lack knowledge about these technologies that could eliminate crypto. But, the real question is why they have to do so? It could be true but don't believe too quickly with the information that you have just seen on the web. I think we're still far from it happening.

[Henrobakkara]

The world of technology is evolving every year what if in future a new tech is been born that can kill crypto or works better than crypto won't this kill cryptocurrencies?

Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?

Then it will be able what it has to do. There has been a lot of talks about this topic in the past but until now, there's none of them in existence, or if there is already one in existence it doesn't have to kill crypto. They're talking about the quantum computers that shall crack the consensus algorithms like PoW. That's what they are telling but technically, I lack knowledge about these technologies that could eliminate crypto. But, the real question is why they have to do so? It could be true but don't believe too quickly with the information that you have just seen on the web. I think we're still far from it happening.

Even if that was to be true, why are they only concerned about cryptocurrency, will these supercomputers also be able to get through other financial accounts too, or are they just being developed to kill crypto? I understand how most of these people believe that crypto is a threat to the financial system hence trying to bring it down by any ens necessary but this shouldn't be the case.   

[Zotak337]

Not gonna happen, I think you referring to quantum computers? Well even if there will be one available it won't be in the nearest future, blockchain still have many possibilities and uncovered exploration left so no matter how techy the future plays out blockchain technology will always have its place.

[Coin_trader]

Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?

This is obviously a hoax. Do you think microstrategy and other institutional investors will still trust and invest in crypto if there's such a thing like this. And also a link to source for reference on what you are talking about so that this discussion will have a sense since it just look like that you are just a making a topic here to threat people here to avoid investing on crypto anymore.

Why would there will be a new technology that will kill crypto at the first place? Who will waste there resources just to bring down crypto while government are now starting to acknowledge the use of crypto, blockchain in particular.

[masterrex]

The world of technology is evolving every year what if in future a new tech is been born that can kill crypto or works better than crypto won't this kill cryptocurrencies?

Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?

It makes sense but I don't think it will kill the crypto industry that fast and Im sure the industry will cope with that threat and that's for sure because the underlying technology that crypto was using is also evolving through time so it means a lot, those so-called quantum capable computers were still in prototype development and it takes time before it was perfected.   

[RondoAnyar]

Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?

This is obviously a hoax. Do you think microstrategy and other institutional investors will still trust and invest in crypto if there's such a thing like this. And also a link to source for reference on what you are talking about so that this discussion will have a sense since it just look like that you are just a making a topic here to threat people here to avoid investing on crypto anymore.

Why would there will be a new technology that will kill crypto at the first place? Who will waste there resources just to bring down crypto while government are now starting to acknowledge the use of crypto, blockchain in particular.

Yeah right, at least give us a valid source for what you're saying.
When the world of technology develops, of course, security systems, especially crypto wallets, will also experience changes in line with the needs for their development. So I don't find the underlying reason for what you're saying.

[aylabadia05]

If the goal is just to kill crypto, then it's not a strategy because it can waste time and no human thinks like that unless you share information that is not necessarily true.
Try to imagine how great crypto is.

[leea-1334]

You heard. I like the internet. People hear a lot because of it.

Think for a few moments about what you asked,,, if what you heard was true, would any of us still be on this forum today using crypto?

It is like those get rich scams. If true people could double your money in a snap,,, why would they be asking for your money? The simple doubling would make them megarich in a few turns.

[Ararbermas]

Yhup every year technology is evolving, but there's no way crypto will not become advanced as well if that times happen since its the most advance program nowadays.. And perhaps all the people behind of these crypto will become aware on such scenario if however  there's is someone implement a crypto killer in the future.. There's always a way to be honest wherein just don't underestimate thus people who invented crypto space because they're brilliant as well more than what you think.

[Bttzed03]

The world of technology is evolving every year what if in future a new tech is been born that can kill crypto or works better than crypto won't this kill cryptocurrencies?

If tech evolves, you can also expect the protocols to evolve. Even Bitoin, the one called ancient tech by altcoin enthusiasts, keeps improving. If I'm not mistaken, it has the most active community of developers. If you want, you can also check the many Bitcoin Improvement Proposals (BIP).

[toast]

This might not kill crypto in an instant and if there will be a new technology probably it can be the continuation of the cryptocurrency and probably another step for us for new type of currency but I think for now we can't just think of it and lets enjoy what we have now since the projects and technologies today keeps improving and improving and it's not a bad sign but a good sign that we are evolving and improving.

[pawanjain]

The world of technology is evolving every year what if in future a new tech is been born that can kill crypto or works better than crypto won't this kill cryptocurrencies?

Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?

Cryptocurrencies are still in a very early stage I would say since it is not yet widely adopted.
If a new technology is developed it only means that a new form of payment method/trading asset is created.
I am pretty much sure that it will not be quickly adopted since cryptocurrencies itself is still not widely adopted.
By the time the new tech is evolved, new projects will emerge in the crypto sphere which will tackle the new tech being developed.
We will also get enough time to evaluate which technology is better and potential in the long term and will get ample amount of time to switch over.
It is quite obvious that if the new tech is far better than cryptocurrencies then people will move over to it.
But I hardly think there will be a new tech in the next 20 years which will be able to surpass cryptocurrencies.

[TravelMug]

The world of technology is evolving every year what if in future a new tech is been born that can kill crypto or works better than crypto won't this kill cryptocurrencies?

Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?

Are you talking about quantum computers? theoretically it can break bitcoin's SHA-256. However, we all know that bitcoin could be one step ahead of the game. If quantum computers would be available in the next 10-20 years then perhaps the devs are going to make it more hack proof in the future. Besides it can only hack a bitcoin address if it knows the public key, as far as I know.

There is a good thread about it here; https://bitcointalk.org/index.php?topic=5157696.0

[oemar bakrie]

if according to my understanding nothing can kill crypto because crypto technology will automatically follow steps that can save crypto but technology that can hack private systems that own crypto will all exist. because the value of crypto assets is very.high so it requires security in order to save crypto the assets.

[Balmain]

In my opinion, these encryptions can be decrypted with quantum computers, because they are really fast. But I think there will be a solution to this, they can model much more secure wallets, which I think they are even working on. There will be such unhackable hardware wallets in the coming years. Technology does not only develop unilaterally, it follows each other. So I'm totally comfortable with it, you don't have to think about it.

[smartaction]

The world of technology is evolving every year what if in future a new tech is been born that can kill crypto or works better than crypto won't this kill cryptocurrencies?

Crypto-currency is a blockchain based technology. Cryptocurrency especially Bitcoin is a peer to peer network that people can easily use and people have easily believed in crypto survival and it is now the most expensive currency in the world so I do not think that Bitcoin or any other alternative to cryptocurrency could ever come. But it may be that more new technologies will come in the future but they will have to be cryptocurrency related. Otherwise they will not gain popularity

[vv181]

The world of technology is evolving every year what if in future a new tech is been born that can kill crypto or works better than crypto won't this kill cryptocurrencies?

Yes. Why would someone not use better technology in terms of efficiency, utilities, and use cases, if there are a brand new of something revolutionary.

Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?

False. It might happen in the future, but of course, there will be an attempt to mitigate that.

See below reference to know in-depth of how quantum computers may/may not break the current cryptocurrency security.
https://endthefud.org/tech

[shinratensei_]

The world of technology is evolving every year what if in future a new tech is been born that can kill crypto or works better than crypto won't this kill cryptocurrencies?

Crypto can't be killed as long as there are two nodes that are still operated to make the blockchain keeps running and don't you understand what meant of decentralized? That means crypto can't be killed easily.

Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?

Dude, this thing was discussed a few years ago and are you new on this? You shall dig more old threads about that in this forum and im sure that you will fine that easily. So many members have been discussing about this since a long time ago. Try to spend a few minutes to dig this forum.

[goldkingcoiner]

Of course any advanced technology is only advanced for the time being. At some point it becomes old and redundant. This holds true for anything. Will crypto exist in 1000 years? I doubt it. Will the internet exist in 1000 years? I doubt it. What will exist in 1000 years will be the next evolutions of crypto and the internet. What that will look like is impossible to tell now.

If youre asking if todays crypto can be destroyed with advanced tech? I have yet to see such a tech. It does not exist. So, no.