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Topic: Bitcoin VS Super Computers in 2040 - page 3. (Read 568 times)

legendary
Activity: 4424
Merit: 4794
October 24, 2024, 09:06:20 PM
#3
quantum computers are great at solving(dumbed down for simplicity) 4D puzzles but not so much efficiency gain on standard binary 2D puzzles
so while some 4D puzzles are near impossible for 2D computers, quantum can handle them better.. however the opposite way round trying to get a quantum pc to do a 4D solution that also applies to a 2D method loses its efficiency because the solution needs to be understood by normal binary computing

also ASICS even just one is the equivalent of 200million normal pc's, so if there are 2million asics, thats the equivalent of 400trillion binary pc's making the blockhash, which a QC computer still wont compete against
legendary
Activity: 994
Merit: 1089
October 24, 2024, 04:40:32 PM
#2
We have had this discussion a lot of times already, before super computers become a threat to BTC, we would have moved to an algorithm that is resistant to it. The development of quantum computers is a gradual process that will take a lot of years, it is not like we would wake up one morning and QC is set to break BTC, this gives the network ample time to develop a resistant algorithm.

However, take note that if QC is ever a threat to BTC's SHA-256 algorithm, then the threat does not rest on only BTC, but on a lot of industries, and BTC may even be of lower interest for attackers.
legendary
Activity: 3234
Merit: 1654
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October 24, 2024, 03:21:23 PM
#1
Hey everyone,

For some days, I have been meaning to pose this question here, Have you ever thought about what might happen to Bitcoin and other cryptocurrencies once supercomputers become mainstream?

As by 2040, the computational power going to obsolete the current machines, How are quantum computers going to affect the crypto, especially bitcoin and how we secure, scale, and even mine crypto?

Will Bitcoin adapt to such computational power, or could supercomputers make existing blockchain security obsolete?
What about mining, will supercomputers centralize it and put power into the hands of a few?

Curious to hear what you think whats going to happen in 2040, will bitcoin survive or the bubble we are hearing for few years will burst?

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