– the board has high confidence this type of machine (Q- computers) will eventually be built
– the real vulnerability is wallet-level (looking @ you BTC; an estimated 6.9 million coins are threatened
– proof-of-stake chains have additional exposure (looking @ you ETH)
– developing quantum-resistant alternatives is not the hard part, its rolling them out and with significant affects on transaction speed, storage, cost.
(Analogy: Have fun putting a V10 into a Corolla. step 2: floor it 😉
– migrating millions of wallets across decentralized networks, where every user has to take action, is a coordination challenge unlike anything traditional finance faces (looking @ you BTC)
jkl2035 on
Interesting, still it’s not mentioning already Quantum Secure projects (not listed on Coinbase 😉) Like QRL, MCM, ABEL
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key take-away:
– the board has high confidence this type of machine (Q- computers) will eventually be built
– the real vulnerability is wallet-level (looking @ you BTC; an estimated 6.9 million coins are threatened
– proof-of-stake chains have additional exposure (looking @ you ETH)
– developing quantum-resistant alternatives is not the hard part, its rolling them out and with significant affects on transaction speed, storage, cost.
(Analogy: Have fun putting a V10 into a Corolla. step 2: floor it 😉
– migrating millions of wallets across decentralized networks, where every user has to take action, is a coordination challenge unlike anything traditional finance faces (looking @ you BTC)
Interesting, still it’s not mentioning already Quantum Secure projects (not listed on Coinbase 😉) Like QRL, MCM, ABEL