The track record of Bitcoin’s protocol security is truly a marvel, although 13 years doesn’t prove immutability. Suppose a future bad actor leveraged a new technology (quantum computing, radioactive space cats, whatever), compromised the integrity of the protocol, and exploited the system for their own gain. If the world instantly found out about it, I would guess there would be a panic of the likes that crypto has never seen. But the bad actor would be incentivized to keep it on the down low so they could siphon money out while the price continues to stay high.
(I acknowledge that my assumption here is that an enormous amount of wealth couldn’t be assigned/transferred immediately, but that newly mined coins would be the assets at risk, maybe that’s an incorrect assumption, I’m unsure).
My question is: would it be immediately obvious if the protocol were ever compromised? If so, was this a feature built into the protocol design, to allow someone to know immediately? Or has something been built by others to monitor this?
Thanks in advance!
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