NegativeSpace Posted December 12, 2013 Share Posted December 12, 2013 The question might have already been answered but since Google drastically changed their search algorithm I don't find answers as easily as I used to. I've been reading about BitCoin and other crypto-currency standards lately and it has me wondering what else can be learned by exploting the major and ever increasing hashing power of the network. Does the BTC standard make it possible for some entity to use the hashing power of the network to decrease the strength of certain types of mathematical encryption? The network will probably reach 1 Peta hash per second in the next year or so and the electricity to run the calculations is preumably paid for by mostly regular, private citizens. Maybe even some entity decided to create crypto-currency specifically to get private citizens to do the privacy busting work that was otherwise impossible? Quote Link to comment Share on other sites More sharing options...
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