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A comment on Cryptography behind the top cryptocurrencies. Parent comment

Re:Cryptography behind the top cryptocurrencies by hapticmonkey on Sunday March 21, 2021 @03:13AM (#26528680)
The community would fork the blockchain at some agree-upon moment, add a new encryption scheme, and carry on.

There would probably be some competing chains as different communities tried to be "the one". Things might settle down at some point as it's really a "winner takes all" market.

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Re:Cryptography behind the top cryptocurrencies by sneak on Sunday March 21, 2021 @04:48AM (#26529049)
Signing (or hashing), not encryption. Bitcoin doesn't use any encryption, only hashing and digital signatures.
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Re:Cryptography behind the top cryptocurrencies by postalrat on Sunday March 21, 2021 @05:45PM (#26534386)
How bout the mess of coins being moved by anyone with access to machines able to break the encryption?
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