Bitcoin vrs quantum computing | Bitcointalksearch.org

btc_angela

hero member

Activity: 2632

Merit: 544

Quote from: DrewXland on January 20, 2018, 05:44:35 PM

What do we think of the futue of Bitcoin versuses quantum computing? Will Bitcoin become redundant? All thoughts welcomed.

There is a similar thread about Quantum Computer vs Bitcoin.

Here: https://bitcointalksearch.org/topic/quantum-computer-vs-bitcoin-2561150

SUDARMONO

full member

Activity: 504

Merit: 100

bitcoin now the price is too expensive for people who do not have too much money, but we can buy some of the money we have, and I believe that in the next year bitcoin will be overwhelming about the price, and this will provide big benefits for future investors

tuskacz

newbie

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CIA is already working on quantum computer and is expected to be released in about 10years Grin

after that bitcoin will be cracked

btcgreen63

jr. member

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Merit: 5

Keep in mind that many security related algorithms are broken by quantum computing (when it arrives). This is not unique to Bitcoin. Common algorithms today depend on the discrete logarithm problem or the elliptic-curve discrete logarithm problem. One example is HTTPS, which will no longer be secure.

All of these technologies, including Bitcoin, will need to find quantum resistant algorithms in order to continue providing security.

shulio

legendary

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No it wont. Bitcoiin hash methods are complex enough to be calculated by quantum computers.

DrewXland

member

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Merit: 10

What do we think of the futue of Bitcoin versuses quantum computing? Will Bitcoin become redundant? All thoughts welcomed.

Topic: Bitcoin vrs quantum computing (Read 64 times)