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AuthorTopic: Re: Major Meltdown
satoshiFounderSr. Member★★★★
Re: Major Meltdown
« on: June 27, 2010, 07:06:09 PM UTC »

Here's an answer to a similar question about how to recover from a major meltdown.
https://www.bitcoin.org/smf/index.php?topic=191.msg1585#msg1585

If SHA-256 became completely broken, I think we could come to some agreement about what the honest block chain was before the trouble started, lock that in and continue from there with a new hash function.

If the hash breakdown came gradually, we could transition to a new hash in an orderly way.  The software would be programmed to start using a new hash after a certain block number.  Everyone would have to upgrade by that time.  The software could save the new hash of all the old blocks to make sure a different block with the same old hash can't be used.

Satoshi designed Bitcoin so you can hold it yourself. Start here →

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