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Can Bitcoin survive the apocalypse? As long as there’s a single node running Bitcoin, the network will continue to function. It’s very likely that many nodes will survive even the worst of nuclear attacks.

Can Bitcoin survive the apocalypse? As long as there’s a single node running Bitcoin, the network will continue to function. It’s very likely that many nodes will survive even the worst of nuclear attacks.



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22 Comments

  1. Nodes may survive, but since presumably miners will also be shut down by the apocalypse (let’s say 90% of them for sake of argument), it will be a LONG time before any more blocks are mined.

    The difficulty only adjusts every 2016 blocks, but for the difficulty to actually adjust, those blocks will actually have to be created. If so many miners are lost that the creation of a single block will take years, the block chain has effectively stopped functioning (no blocks means no transactions).

    An update will have to be created with a lower difficulty or different algorithm and the remaining miners have to be switched to it to unstuck the blockchain.

  2. If Bitcoin goes down the entire banking system logistics system everything goes down. Not sure why all these posts on something crazy happening and it only affecting Bitcoin. If shit hits the fan the only thing you are goin to be looking for is food and water nobody will have any money we would get sent back to the age before currency and barter with goods we produce.

  3. But you actually need an internet to run on. And most especially not a few separate internets to run it on. If we got a major network split, and then a rejoin we would basically have all transactions on the shorter of the two chains reversed. The mother of all double spends 😀

  4. tldr; Crypto pioneer Charlie Shrem believes that Bitcoin will have a leading role in a possible future devastated by nuclear war. Unlike physical assets, Bitcoin has no physical presence, it is decentralized and supposedly has no single point of failure. He believes that decentralization makes it impervious to an economic calamity that would ensue from a nuclear war

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  5. If something happened suddenly and we went to 1 miner, Bitcoin would die.

    Why? Because difficulty doesn’t adjust instantly – only once every 2016 blocks.

    with 1 miner, it would be stranded at this high difficulty level.

  6. I hate when ppl say “Bitcoin wouldn’t survive an apocalypse.”

    Like yah, you’re right.

    But neither does a credit card company or the fiat money system.

    All currency would die and bartering would reemerge bc localism.

    None of this changes the fact that Bitcoin is the future.

  7. Bitcoin is stable.

    It has survived a civil war, spam attacks, #1 exchange by volume shutting down (Gox), and will survive a nuclear apocalypse.

    The price in fiat/BTC fluctuates because it’s the volatility of the world entering the stability of Bitcoin in ebbs and flows.

  8. The internet was built to survive a nuclear attack, crypto works offline, there are more chains than Bitcoin, and the ongoing pandemic already gave us a preview of what “American-apocalypse-but-with-internet” looks like.

    But keep thinking all will go as planned, nocoiner.

  9. The protocol and infrastructure Bitcoin runs on could survive a nuclear attack, in fact, as long as a few computers in the world preserve the full blockchain, your hodlings are safe.
    That is unlikely to be true for gold, one bomb right on your safe and your gold is probably gone.

  10. at least one node running, the Bitcoin network will continue to function. It is highly likely that many Bitcoin nodes would survive even the worst nuclear attack since nodes are scattered worldwide, and they could communicate with each other via satellite .

What do you think?

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