Will Bitcoin replace SHA-256 before 2027?

$14,253.13 Vol.

Dec 31, 2026

Market overview

Market dates:

Market Period: From the publication date through July 23, 2026, at 2:52 PM UTC
Market Closing: December 31, 2026, at 12:00 AM UTC
Resolution Deadline: The resolution will be determined after market close, or earlier if the outcome is reached

Rules

The token must be actively and publicly transferable and tradable. Announcements alone do not qualify. Stable recently raised eyebrows when it secured $1 billion in deposits ahead of its token launch. Stable founder and CEO, Paul Faecks, told Decrypt that the stablecoin blockchain will launch its mainnet by “late year.” Will mainnet launch by the end of year?

Market Context

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.