Will Bitcoin replace SHA-256 before 2027 Odds
Polymarket traders give No a 98% chance.
| Outcome | Chance | Odds | 24h |
|---|---|---|---|
| Yes | 2% | +5456 | — |
| No | 98% | -5456 | — |
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Resolution rules
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.
Source: Polymarket. The venue's rules are final.
FAQ
What are the odds of "Will Bitcoin replace SHA-256 before 2027"?
As of Nov 8, 6:00 AM EST, traders on Polymarket price No at 98%, about -5456 in American odds. Prices move with every trade.
How are prediction market odds calculated?
Each contract pays $1 if the outcome happens and $0 if it doesn't, so its price is the market's implied probability: a 60¢ contract means roughly a 60% chance. We show the last trade, or the midpoint between the best bid and ask when the order book is tight.
When does this market close?
Polymarket lists Jan 1, 2027 as the end date. It can close earlier if the outcome is decided.
Where can I trade on Will Bitcoin replace SHA-256 before 2027?
This market trades on Polymarket. Availability depends on where you live: Kalshi is a CFTC-regulated US exchange, while Polymarket's international site isn't available to US users (Polymarket US is a separate app). You must be 18 or older.