[fnrslvr]

That would be a refutation of the claim that the calculation takes O(n) (or more correctly Omega(n)) time. If the center column turned out to be periodic, then yeah, you're basically on the right track: you would get an algorithm that runs in time polynomial in log(n).

I'm not sure how hard it would be to prove a lower bound on time for this problem, but if a polynomial space lower bound were proven (i.e. computing the nth square of the central column requires a Turing machine with access to Omega(n^a) space for some a > 0), then you'd have a sparse language in P that's not in L, which would be a huge advance for computational complexity theory. So definitely don't expect that anytime soon.