--- layout: forum title: 'Re: Major Meltdown' grand_parent: Forum Posts parent: Bitcoin Forum nav_order: 173 date: 2010-07-10 13:36:17 UTC original: https://bitcointalk.org/index.php?topic=202.msg2133#msg2133 --- # Re: Major Meltdown ---
Re: Major Meltdown
July 10, 2010, 01:36:17 PM

Quote from: llama on July 01, 2010, 10:21:47 PM
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However, if something happened and the signatures were compromised (perhaps integer factorization is solved, quantum computers?), then even agreeing upon the last valid block would be worthless.
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True, if it happened suddenly.  If it happens gradually, we can still transition to something stronger.  When you run the upgraded software for the first time, it would re-sign all your money with the new stronger signature algorithm.  (by creating a transaction sending the money to yourself with the stronger sig)