Will Bitcoin replace SHA-256 before 2027?
60d 11h
2% chance
- Volume
- $198.9K
- Liquidity
- $6.9K
- Ends
- Jan 1, 2027
Price history
Description
On December 9, Google introduced Willow, a breakthrough state-of-the-art quantum chip. This achievement fueled speculation that Bitcoin's encryption may be vulnerable to quantum computers in the not-so-distant future (see https://www.cryptoglobe.com/latest/2024/12/does-googles-new-quantum-chip-willow-threaten-bitcoin-the-crypto-community-responds/). This market will resolve to "Yes" if Bitcoin stops using SHA-256 by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No." The resolution source will be the Bitcoin blockchain, in addition to a consensus of credible reporting.
How it resolves
Resolution process
When the market ends, a 3 days dispute period begins. If no one disputes, rewards are distributed automatically.
- Created
- Oct 18, 2026
- Resolution date
- Jan 1, 2027