What if somebody makes an ASIC to crack SHA-256 hashes with Brute force? - page 2.

shorena

copper member

Activity: 1498

Merit: 1562

No I dont escrow anymore.

Quote from: Rintila on February 19, 2015, 04:34:10 AM

Maybe its a noob question, but I woke up this morning wondering: what if somebody makes an ASIC to instead of mining, destroy Bitcoin from the inside...?

There are ASICs out there with capabilities of TH/s, if someone applies this to hash cracking, it becomes a bit dangerous, no?

That would be 1000000000000 hash cracking attempts per second.

Your thoughts?

What do you consider "hash cracking"? Bitcoin mining is essential that, at least to my understanding. A miner hashes certain data until a hash is found that is smaller than a certain number.

doc12

legendary

Activity: 1284

Merit: 1042

It is almost impossible to crack the encryption with todays technology using bruteforce. All encryption would be useless then.

Theroreticly its possible with quantum computing, but quantum compters are more like a theoretical model atm.

But what if quantum computing becomes available ? I think bitcoin should quickly switch to a post quantum compitung encryption to make it save for the future.

Rintila

newbie

Activity: 36

Merit: 0

Maybe its a noob question, but I woke up this morning wondering: what if somebody makes an ASIC to instead of mining, destroy Bitcoin from the inside...?

There are ASICs out there with capabilities of TH/s, if someone applies this to hash cracking, it becomes a bit dangerous, no?

That would be 1000000000000 hash cracking attempts per second.

Your thoughts?

Topic: What if somebody makes an ASIC to crack SHA-256 hashes with Brute force? - page 2. (Read 8303 times)