Author

Topic: Bitcoin and Moore's Law (Read 1958 times)

legendary
Activity: 1708
Merit: 1010
December 14, 2010, 05:02:05 PM
#3
the cryptographic portions of Bitcoin are somewhat modular, and can be swapped out for other/better/future versions of similar tools with majority consent of the network; no matter the reason for doing so.
legendary
Activity: 980
Merit: 1020
December 14, 2010, 04:55:46 PM
#2
There will be better encryption system down the road.
hero member
Activity: 675
Merit: 502
December 14, 2010, 04:52:45 PM
#1
Does the exponential increase in processor speed pose any threat to the integrity of Bicoin 10 or 15 years down the road? Will processors ever get fast enough that an individual can spend somebody else's bitcoins by calculating their private keys from their public keys (or however else someone might try to compromise the system)?
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