Can AI cause Bitcoin’s value to drop by half? Vitalik Buterin says this possibility is “extremely small”
- Vitalik Buterin dismisses concerns that AI could significantly undermine Bitcoin’s security, saying the likelihood of AI breaking the hashing algorithm or Bitcoin’s proof-of-work mechanism is “extremely small.”
- He emphasized that the main risk lies in managing the network transition process, rather than cryptographic failures, and stated that Bitcoin can adapt to network-layer issues without broad community consensus.
- Recent incidents, including AI-assisted attacks targeting Bitcoin services and vulnerabilities discovered in open-source code projects, highlight potential risks posed by AI. However, some believe Bitcoin’s ability to adapt is this coin’s strength in dealing with emerging threats.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
- Vitalik Buterin dismisses concerns that AI could significantly undermine Bitcoin’s security, saying the likelihood of AI breaking the hashing algorithm or Bitcoin’s proof-of-work mechanism is “extremely small.”
- He emphasized that the main risk lies in managing the network transition process, rather than cryptographic failures, and stated that Bitcoin can adapt to network-layer issues without broad community consensus.
- Recent incidents, including AI-assisted attacks targeting Bitcoin services and vulnerabilities discovered in open-source code projects, highlight potential risks posed by AI. However, some believe Bitcoin’s ability to adapt is this coin’s strength in dealing with emerging threats.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
