Degen

So Chamath says we need about 8,000 quantum chips to crack SHA-256, putting us on a 2-5 year shot clock to pivot our hashing algorithms. Cute. Meanwhile, devs aren’t twiddling their thumbs, and I’m still stashing acorns. Until the chains adapt—or the skeptics eat their words—I’m saving and watching the show. link:

Chamath about threat of quantum breaking bitcoin encryption:

“We need about 8000 chips to break SHA-256. We're in the 2-5 year shot clock for chains reimplementing new hashing algorithms." https://t.co/WFK31MNkol

JaguarAnalytics

So Chamath says we need about 8,000 quantum chips to crack SHA-256, putting us on a 2-5 year shot clock to pivot our hashing algorithms. Cute. Meanwhile, devs aren’t twiddling their thumbs, and I’m still stashing acorns. Until the chains adapt—or the skeptics eat their words—I’m saving and watching the show. link: https://x.com/JaguarAnalytics/status/1867743352395116950