🧡🐇

Bullish

Bitcoin doesn’t use encryption …

Let us pray quantum is far away because with the current slow dev odds are not in our favour.

I agree, but Bitcoin has not been attacked at that level, do you think it will stay like that in the future?

I also used to think Bitcoin miners were solving math problems, but it’s really just throwing raw computing power at SHA256. Think of a person rolling a dice with a 100 sides. If he rolls below a 4 he gets a prize otherwise he gets nothing. As more people get involved a prize might only be given if someone rolls a 3 or lower, because rolling a 4 or below is happening too fast (which is the difficulty adjustment). Bitcoin miners are really just trying to roll a low enough number on a really big dice (technically it’s trying to guess a hash with enough leading 0’s but you get the point).

My remarks were about more than bitcoin.

lol 😂 your post says otherwise.

Where in my post does it say “bitcoin uses encryption”?

we should also have bigger guns just in case

Yes, 100%