Charles Edwards warnt: „Bitcoin ist in nur zwei bis acht Jahren einer Bedrohung durch Quantencomputer ausgesetzt.“
Bitcoin Faces Quantum Computing Threat in Just 2-8 Years, Warns Charles Edwards
Charles Edwards warnt: „Bitcoin ist in nur zwei bis acht Jahren einer Bedrohung durch Quantencomputer ausgesetzt.“
Bitcoin Faces Quantum Computing Threat in Just 2-8 Years, Warns Charles Edwards
26 Kommentare
What about literally everything else?
tldr; Charles Edwards, founder of Capriole Investments, warns that quantum computers could break Bitcoin’s encryption within 2-8 years, posing a significant threat to its security. He cites expert predictions and research indicating the timeline for quantum capabilities to surpass Bitcoin’s elliptic curve cryptography. Edwards urges Bitcoin developers to transition to quantum-resistant algorithms to prevent potential mass theft and loss of trust in the cryptocurrency.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
>Edwards urges Bitcoin developers to transition to quantum-resistant algorithms to prevent potential mass theft and loss of trust in the cryptocurrency.
Damned if they do, damned if they don’t….
If they do all Satosi’s coins will be worthless and if they do not then all coins will be worthless. That and the fact that if they can change the code for this whats to prevent another change that can alter the 21 million limit???.
If it’s really two years away then how do we know DARPA or some other state actor doesn’t already have it?
And that’s exactly why you should diversify by stacking gold 😎
But traditional banks are secure? If quantum computing breaks encryption, everything is done….not just Bitcoin.
i wonder what people think quantum ‚computers‘ really are:)? it’s a random number generator at this point nothing more. It can’t calculate shit.
Just btc?
It’s always hilarious reading these articles as someone who has a family member with a PhD in physics and does research adjacent to QC. No the current state of the technology is no close to having the ability to break encryption and no it’s unlikely to happen anytime soon. There are some massive and fundamentally hard to surmount barriers holding back QC thatre a few once in a generation breakthroughs away from being sorted out. Articles like this are just meant to keep the hype cycle going so funding doesn’t dry up lol. Start being worried if there’s ever a working QC with about 1000x the logical qubits that is currently possibly, until then it’s vaporware.
Yeah be scared about the technology but don’t care about the energie problems behind it.
Hbar
If someone was able to break satasohi’s wallet, they wouldn’t be dumb enough to bleed it all at once. That being said if any of that bitcoin moves, the fear will be enough to crash Bitcoin entirely
it’s already hacking everything
Wells Fargo is fooked.
So this is the new FUD of choice after the energy thing faded… I suppose using a scary word like Quantum which most people know absolutely nothing about works to a degree…
If this was even remotely close, banks and governments would be shitting themselves and spending an absolutely fortune trying to move to quantum safe encryption (PQC) ASAP… and they’re absolutely not.
These articles give date ranges, like plumbers give time slots. “Yeah I’ll be there sometime between now and next june”
Why Bitcoin. Is everyone stupid? 🤣 If quantum is a thing in 2-8 years, every digital product is fucked lol
I hate the argument that everybody dies if we die. Fuck everybody else. What are we going to do
Let’s schizo-post. *hits blunt*
What if the q-bits from quantum computers are taking bits of information from parallel universes to lower the number of degrees of freedom in their calculations and that’s leading to the bleed-over of nearby dimensions‘ data and truths into ours?
Do I hodl? Or do I hlod?
Hopefully it can wipe out everyone’s debt.
FUD
Oh fuck off.
Crypto will evolve with computing. Something new will replace bitcoin.
We need to ban this bullshit. It’s just ooga boogas spreading FUD
Banks are more vulnerable.
The first benefit of QC will be the ability to recover lost Bitcoin/crypto keys!
Crypto and any other sub 1M bit encryption algos will be cracked by Quantum Computers in less than 5 years. New techniques will need to be developed for access controls and secure wallets.
Yeah 2-8 years is the safe range to say anything. In 2 years if nothing happens then people forgets it. I can safely say in 2-8 years time the Fed will break and the dollar will die