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Topic: Crypto is under threat of Quantum computers - page 2. (Read 398 times)

legendary
Activity: 2744
Merit: 1288
October 27, 2018, 11:57:15 AM
#6
Need help with some researches! Do anyone know about post-quantum altcoins? I’ve read here https://dapcash.org/quantum-apocalypse that all coins will die soon and for BTC there is research as well https://arxiv.org/pdf/1710.10377v1.pdf … How do you think guys? Maybe it is a fake? Do anyone take it seriously?


All internet security will die then. Crypto will be last thing then to worry about.    We will get to quantum computers at some point. But by then cryptocurencies will evolve and changed algorithms in something that quantum computers will not be able to docode.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
October 27, 2018, 11:56:23 AM
#5
Need help with some researches! Do anyone know about post-quantum altcoins? I’ve read here https://dapcash.org/quantum-apocalypse that all coins will die soon and for BTC there is research as well https://arxiv.org/pdf/1710.10377v1.pdf … How do you think guys? Maybe it is a fake? Do anyone take it seriously?

Quantum computers are not the problem for cryptocurrencies. Quantum computers are now very simple, they have no computing power.
And when they come true, we'll come up with a solution how to be quantum-resistant.

You are right and this would be just a basic thing that do commonly happen on most things.If its already being compromised or do already have a threat
then it would normally find ways on how to secure it or strengthen. Quantum computers existence will really make some affect but thinking up way
too early on these years about such matter would really be just stressful into your mind.
member
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
October 27, 2018, 11:52:14 AM
#4
I do not think that quantum computers or any technological upgrades in computers is any real threat for cryptos, if there will be any threat im sure the developers of all these projects and coins will work to secure their coins and blockchains by modifying the security layers or any other necessary steps.
hero member
Activity: 994
Merit: 500
October 27, 2018, 11:46:04 AM
#3
Need help with some researches! Do anyone know about post-quantum altcoins? I’ve read here https://dapcash.org/quantum-apocalypse that all coins will die soon and for BTC there is research as well https://arxiv.org/pdf/1710.10377v1.pdf … How do you think guys? Maybe it is a fake? Do anyone take it seriously?

Quantum computers are not the problem for cryptocurrencies. Quantum computers are now very simple, they have no computing power.
And when they come true, we'll come up with a solution how to be quantum-resistant.
member
Activity: 392
Merit: 66
October 27, 2018, 11:41:28 AM
#2
Post-quantum altcoins are just a matter of changing the elliptic cryptography function. If the current altcoins are based on 256-bit cryptography, you can increase the complexity to 512-bit or to the desired number of bits that a quantum computer cannot crack, and I think the problem could be solved. So I think it is not a  huge problem for future altcoins. It could be a problem for the present altcoins if a quantum computer was developed. The main question is how far in the future fully functional quantum computers can be produced. I don't think they will be operational in the next 10 years or so. 
newbie
Activity: 308
Merit: 0
October 26, 2018, 11:42:24 AM
#1
Need help with some researches! Do anyone know about post-quantum altcoins? I’ve read here https://dapcash.org/quantum-apocalypse that all coins will die soon and for BTC there is research as well https://arxiv.org/pdf/1710.10377v1.pdf … How do you think guys? Maybe it is a fake? Do anyone take it seriously?
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