Will Bitcoin replace SHA-256 before 2027?

As of Fri, 06 Nov 2026 06:40:20 UTC, Polymarket traders price Yes (1.8%). The market has $199K in volume and closes on Fri, 01 Jan 2027.

Updated:

Current odds

OutcomeChanceYes priceNo price
Yes1.8%1.8¢98.2¢

Prices on other venues

OutcomeVenueChanceUpdated
YesOpinion4.6%

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Market details

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.

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