Topic: An advanced technology could kill crypto? - page 2. (Read 363 times)
Technology is ever evolving. For sure, crypto would be outdated one day. What with Quantum Computing and all, this is gradually changing how computing is. But lets enjoy crypto till it happens
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?
I believe there could be a possible way of decryption to any encrypted data. But in the mean time while we wait for the advent of such super computers we can still enjoy the little security guaranteed by the current Blockchain technology at hand but if by chance the crypto get replaced by another advanced technology it would not be completely wiped off rather there would be a correlation between both technologies Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?
If that does exist, it looks like it will really kill cryptocurrencies because we currently rely on scarcity of supplies mined based on algorithms, if it leaks with technology you call it looks like cryptocurrency won't be worth anymore.
And you don't think that cryptocurrencies can adapt to new technology and continue to do the same even better and faster?! I guess this scenario is more likely to happen than anything else... of course if there are active developers and the team behind the project they already have the means to buy new equipment at this price (and maybe the prices of some coins will be even higher than now when this happens)! So I don't worry about advanced technologies, cause crypto can handle it, and what more advanced technologies can make it even better probably!
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?
Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?
Does the new technology also have the nature of crypto and blockchain? If the new technology also has the nature of crypto and blockchain then it cannot kill crypto, it can only compete.
If it doesn't have the nature of crypto and blockchain, it also can't kill crypto because it's not a rival.
Just like today with the existence of crypto, will Fiat become extinct? Of course Fiat can run well and in tandem with crypto even though it has the same function.
there is always chance that this kind of technology advancement that could kill blockchain happening in the future but i see no possibility for it to happen for now. The blockchain can be considered as a tech that can be evolved with more development and this is also can be integrated with the various tech.
remember that technology always evolves every year, right now we have quantum computers in the future we might have something even stronger than that technology.
despite of that you should also remember that regardless of these technology advancement blockchain is also having its development periodically updated
you could say that blockchain will have never ending development so maybe it could go against technology evolution.
remember that technology always evolves every year, right now we have quantum computers in the future we might have something even stronger than that technology.
despite of that you should also remember that regardless of these technology advancement blockchain is also having its development periodically updated
you could say that blockchain will have never ending development so maybe it could go against technology evolution.
Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?
that's a false rumour. Super computer already exist and why crypto is still alive? there are lots of reasons to explain this thing but this will take a week to debate about this. You can read a thread that already made by someone in the past like this https://bitcointalksearch.org/topic/i-dont-believe-quantum-computing-will-ever-threaten-bitcoin-5157696 that's very well explained that if quantum computing aka super computer was not a thread for crypto nor bitcoin. You just mis understand about that.
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?
Lol this is just your theory and it never proven. It seems like that you didn't understood perfectly how crypto works and how crypto was even become quantum computer resistant caused by the implementation of SHA. Super computer will never kill crypto and it's better for you to read more literature rather than try to create a non sense speculation like this. So many people didn't even know how this works.Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?
false. People never try to get a proper resource about that. There was also quantum computer resistaince. It's better for you to read about what it is. I hope that will give you at least a small insight about that. Even some members called that as a reason why the dump happened. What the heck.
It looks like this is the news that the price of cryptocurrency is dropping. I've long heard this news about intelligent computers that can break mine algorithms quickly and penetrate wallet defenses, but until now there has been no such technology.
Yup, this news is not new so what makes you think that this is the reason why crypto is declining? There might be other reasons that affects the growth of crypto but other than that, it is pretty normal for crypto to went in bearish mode. I'd say that we are now in the future, it is now 2022 and technologies have now evolved but there is no report of people that lost their cryptos because of this.If there are reports of lost cryptos, that's a different case, it maybe from hacking, scamming and human error. advance technology is needed only to improve the way we lived but not to be use to destroy and make advantage of someone else.
If that does exist, it looks like it will really kill cryptocurrencies because we currently rely on scarcity of supplies mined based on algorithms, if it leaks with technology you call it looks like cryptocurrency won't be worth anymore.
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?
Not all new technologies are related to finance. And there are no new directions in the financial sphere yet. Therefore, for now, fears for cryptocurrency are unnecessary here. Cryptocurrency has just begun to develop and it does it quite quickly. It looks like it still has a lot of potential for use.Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?
As for technologies such as quantum computing, there are different opinions in this regard, including those that are not entirely pleasant for cryptocurrency. Quantum computers have already appeared and their power is growing. Theoretically, there is a danger to the existence of cryptocurrency, but no one knows what will happen in practice.
I doubt there is going to be something new that can kill crypto, since how many years already now? 2009? There haven't been anything better than blockchain technology that's why we are even here today, it keeps evolving and getting better, you should so research on the capability of the blockchain technology it's more than what you think.
For now, I don't think anything that could kill cryptocurrency, as I believe cryptocurrency is very early now. So nothing to worry about, and still no one proves or evidence for upcoming technology that can kill cryptocurrency. But I believe that more technology will pop in the future will help our daily lives or maybe each other or will help cryptocurrency or they will work together to solve our problems.
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?
Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?
When super computers become that advanced, crypto will simply move on to a new stronger algorithm. It is all based on math in the end and the power of computing has limits no matter how fast they become. You just throw a few more zeros at the end of the equation and those new computers won't be able to hack it anymore. If those computers become that fast, you'll have many other problems anyway. Your bank accounts, your passwords all will be gone instantly. So, don't lose your sleep over it.
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?
Cryptocurrency is going to be banned when it is a threat to people. There is no need to invent new advanced technology to kill it. But yes, cryptocurrency can be taken forward by inventing more advanced technology.because for me crypto can be a double-edged sword where when we know the system and how crypto works, we will benefit from it.
on the other hand, when we just follow the hype and don't understand the system in it, it's not a profit but a loss that is waiting in front of our eyes.
but indeed with increasingly sophisticated technology, on the other hand, it will benefit from crypto itself
I believe more that future technology will collaborate with cryptocurrencies than kill crypto itself. as we see today, technological developments such as metaverse, nft, and others, all involve blockchain technology which means it leads to crypto. So, I think that, today's technology developers, are trying to combine their new technology designs with cryptocurrencies. So, I don't think it will kill crypto, but make it more popular.
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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?
There will always be innovation in new technology and when that happens we might see better methods than cryptocurrencies in covering the topic of decentralized financing. However that cannot stop another system from being used. Essentially a system does not die out unless the people using it stop doing so. I dont think bitcoin will end up in a reason to be stopped so it is a safer bet. But altcoins do die out when their use stops and because majority of altcoins have no use case, the end result becomes similar.Quote
Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?
The quantum computing argument has been debated and the essential gist of this is that it will take a long time to actually develop and if it does, why would the creators attempt to use it for a malevolent purpose of stealing someone else's money? But the real thing is that it is a long way in future and by that time bitcoin will have already reached a much more important status.
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?
I am not sure if that is right or wrong but we know that technology will always grow and evolve to better help humans in their lives. We need to adapt to the current situations to use the benefit of the technology. Related to supercomputers, I think the technology still needs development. The supercomputer will not produce massively since that will cost too high, but that can happen in the future when they have a cheap material to support that supercomputer. You do not have to feel worried about that as you only need to do what you think can benefit you. Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?
Why do cryptocurrencies have to be run down by them? First, cryptocurrencies will kill the banking industry, and now this. Does it have to be like that as always? I am looking forward to both ends working together and not killing one for the other. That will be better right? Banks becoming faster and more secure and cryptocurrencies are injected into the new technology. None should be killed or erased but instead improved.
And I doubt that "advanced technology" will be a perfect one, there will always be flaws.
And I doubt that "advanced technology" will be a perfect one, there will always be flaws.
Cryptocurrency is going to be banned when it is a threat to people. There is no need to invent new advanced technology to kill it. But yes, cryptocurrency can be taken forward by inventing more advanced technology.
So far, has Cryptocurrency killed many people or has it threatened everyone?Because from what I have seen so far, Cryptocurrency is like help that comes to everyone who understands digital currencies and knows how and the rules of the game, so that someone can reap good results from cryptocurrency.
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?
The process of creating a quantum computer will certainly take a very long time, it will probably take around a decade, considering the long launch time so I think their crypto developers will definitely continue to develop and improve security because they are also anticipating the presence of quantum super computers. Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?
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