20 sats \ 3 replies \ @OT OP 13 Oct \ parent \ on: Let It Be or Hard Fork? security
When the time comes, you might have to upgrade your keys.
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0 sats \ 2 replies \ @Satosora 13 Oct
Wont it come too late? Even with the fork, people will lose their savings of bitcoin. I dont see hackers just giving a warning.
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20 sats \ 1 reply \ @OT OP 13 Oct
For some it might. This article is talking about cracking military grade encryption. We still have time to come up with something before it happens, but maybe not as much time as we thought.
You could be right about not giving a warning. If someone moved 50 BTC from Satoshis address the market would likely tank but recover. The attacked might wait till they had a massive amount say 100k-1m BTC to show the network that SHA256 has been cracked.
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0 sats \ 0 replies \ @Satosora 13 Oct
Right, could be scary. Can you imagine the first million or so just migrating to coinbase?
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