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A recent breakthrough in cryptographic research has raised significant questions about the security of Bitcoin (BTC) and other digital assets relying on the SHA-256 algorithm. A tweet from crypto wallet solutions provider OneKey, stating "SHA-256 Collisions Breakthrough: Is Crypto Rekt?" alongside an image from an academic presentation, has gone viral, sparking intense discussion and concern.
Not sure if I read the article correctly but my understanding is that they simply made progress, after 11 years they gained an increase in 4 steps from 27 to 31 of 64 total meaning that if they can keep that up they'll get there in 121 years?
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101 sats \ 0 replies \ @k00b 1 Apr
Smells like halving FUD
The findings demonstrate the first practical collision in the SHA-256 algorithm, albeit limited to the first 31 of its 64 steps.
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OK sell all your BTC now, is worthless.
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Bitcoin and other cryptocurrencies remain secure.
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FUD
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I would say this is more FUD than anything else.
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