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100 sats \ 6 replies \ @fm 15 Jul \ on: What would change your conviction in bitcoin? bitcoin
I guess if… Satoshi nakamoto was really central intelligence And NSA would have facilitated the sha 256 as in a collab.. And it turned out to really be a psy-op to finance the black budget.. Then i would sell… Or not..
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0 sats \ 5 replies \ @ek OP 15 Jul
And NSA would have facilitated the sha 256 as in a collab..
You mean if a backdoor in sha256 was found?
Then i would sell…
I think we could hard fork in this case and start anew 🤔 But it's going to be hard to not let mining get captured immediately by the first one who builds an ASIC for the new hashing algorithm.
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100 sats \ 2 replies \ @fm 15 Jul
Remember that crypto AG scandal?
https://en.m.wikipedia.org/wiki/Crypto_AG
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21 sats \ 1 reply \ @ek OP 15 Jul
No, I don't! Interesting
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0 sats \ 0 replies \ @fm 15 Jul
You should take a look into it.. It was up for decades.. I wonder what the actual ops are like today
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76 sats \ 0 replies \ @TwoLargePizzas 15 Jul
I think people underestimate the ability of Bitcoin core developers. They can read, understand and test the SHA256 code as well as any NSA employee.
If there was a back door it would've been found. This is one fear I don't lose sleep over
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50 sats \ 0 replies \ @fm 15 Jul
You mean if a backdoor in sha256 was found?
I was referring the fact sha 256 was developed by the NSA. That alone is kind of alarming.. But yes, NSA loves backdoors.. That would definitely mean the death of bitcoin
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