Did Satoshi think that quantum computers will exist? - page 6.

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Quote from: Hans17 on October 01, 2019, 11:15:30 AM

Well here in this article it said that quantum computers are very common right now and we cant stop that and we cant stop asking ourselves about it because quantum computers basically has purpose an atomic level calculations, and we somehow know that quantum computers will be exposed sooner or later.

Fully operational? i guess on some states maybe?

More likely private groups.

EdvinZ

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I think that Bitcoin developers can hypothetically be prepared for the fact that someone wants to use a quantum computer in the future to mine bitcoins and they will provide some protection against such calculations. And besides, the technology of a quantum computer is excessively expensive and difficult to implement, so that in the coming years we wouldn't seriously worry about it.

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Quote from: Lmaooo on September 30, 2019, 10:02:11 AM

I think Satoshi knew about Quantum computing but he thought they're not coming any time soon yet still they're not in existence. And someday even if the quantum computers are active the bitcoin developers can actually implement another form of security to bypass them. People also get better with time just like computers do.

If he knew about Quantum computing, then he also knew that some day the early mined coins will be moved. And he didn't move these coins.

Quote from: only1post on August 07, 2019, 11:47:51 AM

That means

Quote from: simpleIPaddress on August 05, 2019, 11:13:56 AM

2. Satoshi created the greatest prize competition and the privatekeys are somehow within the blockchain. https://bitcointalksearch.org/topic/maybe-satoshi-created-the-greatest-prize-competition-5150688

and privatekeys are somehow within the blockchain = quantum computer?

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Quantum computers are not common, so it's too early to talk about anything. And besides, this technology has not yet been finalized

I think Satoshi knew about Quantum computing but he thought they're not coming any time soon yet still they're not in existence. And someday even if the quantum computers are active the bitcoin developers can actually implement another form of security to bypass them. People also get better with time just like computers do.

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Back in 2009, Satoshi Nakamoto probably wasn’t overly concerned about advancements in quantum computing when he developed Bitcoin’s key encryption. Even now, quantum computing is still quite far off adoption levels that could be classed as mainstream, with only a handful of companies possessing the technology. But developments do mean that the threat that quantum computing poses to blockchains is starting to become real.

The scary thing is that the pace of development now means that it’s likely that quantum computers could soon break the 309 digit encryption that’s used across many modern systems today - including many blockchains.

https://cryptodaily.co.uk/2019/09/how-will-blockchains-battle-quantum-computing

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Quote from: bitbunnny on September 17, 2019, 11:12:08 AM

I think that he predicted many things in ICT and development of all kind of technologies. Maybe he didn't know it will be called quantum computing or super computing but I think he definetely predicted development in that direction. If he wouldn't have been a visionare, he wouldn't create Bitcoin.

right on point! he may not think of quantum computers at the time of his BTC creation but for sure he thought of advance computers or any similar advance technology that will rise later on. he's not dumb to think that his invention would be the ultimate one!
technology is continuously evolving and we are always in pursuit of more advanced, more versatile thing.so it wont be a surprise if someone will invent another thing that will make bitcoin obsolete!
but as of now, lets enjoy the benefits of having BTC and other alts in our age.

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Do you even know how long it will be before a first quantum calculation is made and a real use of quantum computing? These are not normal systems you have to teach them how to think and make connections in a specific case.

Even when there are functioning quantum computers they will have no software and it will take years to develop. They will be like those early computers in the 50s.
Your coins are safe and will be safe next year and the year after that.

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Quote from: simpleIPaddress on August 05, 2019, 11:13:56 AM

1. Yes, with quantum computers they would become active. Did Satoshi think that quantum computers will exist?

It doesnt matter. If all cryptography could be broken by quantum computers we will switch to quantun resistant cryptographic algorithms very quickly and believe me, Bitcoin will be one of the first that will switch its algorithm because it will be critical to whole network.
Be calm, developers keeps their eyes on that too

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“There’s still a long way to go between a demonstration of quantum supremacy and genuinely practical applications of quantum computing, but in my view reaching this milestone is a genuinely exciting moment”
https://physicsworld.com/a/google-reports-quantum-supremacy-in-draft-paper/

Quote from: qubitasic on August 07, 2019, 10:22:16 AM

Move your coins from old addresses to make them quantum secure.
'Shalecoins', coins with no owner ' https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441 will be 'fracked'..

Quote from: qubitasic on August 07, 2019, 09:49:49 AM

Quantum computers will surprise the Bitcoin community. The 'shalecoins' will be moved and will become active.

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Quote from: Micerker on September 17, 2019, 11:25:07 AM

Satoshi may be the creator of future technologies and currencies, but he is not a prophet, so he will not be able to know the quantum computer creates. But Satoshi has created a new world when adventurers can find their treasure when deciphering Blockchains, which is the best thing for many people.

He can think that it is possible for the technology to decode Bitcoin hashes and find private keys using the public key if Bitcoin technology will not improve but Satoshi is well aware that before that thing happen, developers will do their best to prevent it. Bitcoin technology as we know is not stagnating. There are several updates and upgrades that happen to it and right now developers are also well aware of the possible threat this quantum computers to Bitcoin so they are already creating ways to improve Bitcoin security, that is for sure.

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Quote from: Micerker on September 17, 2019, 11:25:07 AM

Satoshi may be the creator of future technologies and currencies, but he is not a prophet, so he will not be able to know the quantum computer creates. But Satoshi has created a new world when adventurers can find their treasure when deciphering Blockchains, which is the best thing for many people.

Quote from: globaltreasure on June 04, 2019, 08:22:38 AM

Maybe Satoshi created the greatest prize competition and the privatekeys are somehow within the blockchain.

https://bitcointalksearch.org/topic/maybe-satoshi-created-the-greatest-prize-competition-5150688

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Satoshi may be the creator of future technologies and currencies, but he is not a prophet, so he will not be able to know the quantum computer creates. But Satoshi has created a new world when adventurers can find their treasure when deciphering Blockchains, which is the best thing for many people.

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I think that he predicted many things in ICT and development of all kind of technologies. Maybe he didn't know it will be called quantum computing or super computing but I think he definetely predicted development in that direction. If he wouldn't have been a visionare, he wouldn't create Bitcoin.

peter0425

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I believe that he has not literally known about quantum to be specific but Satoshi knew that in future computer like this will be created and might exist

Satoshi is an IT and ofcourse being a computer expert he learn that people mind will progress more in future so by all means he think of quantum existence in the next years (or e we don’t know yet if he has contribution on this creation no body else can answer )

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Quote from: Wind_FURY on September 17, 2019, 02:13:09 AM

Don't worry about Bitcoin, a small niche. The world will have BIGGER problems to worry about with the arrival of quantum computers. Hahaha.

The world will be able to fix the quantum issue and implement a quantum secure mode through rewinding, freezing, correcting accounts. But Bitcoin can't and that will lead to forks. We already have two main post quantum 'forks':

1. The original chain with all the coins. The 'shalecoins', https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441 coins with no owner, will have new owners as it will be able to move these coins.

Quote from: qubitasic on August 22, 2019, 09:41:40 AM

The original chain will remain the strongest chain. If some groups can reproduce the privatekeys of 'shalecoins', coins with no owner https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441, it's their reward. They are trying to build a computer in the near future, that wouldn't be built so fast without that incentive. That opportunity accelerates the technology. If there are still some BTC owners -incl. Satoshi- with old addresses and remove their coins now, they will be secure. So it's a fair game. And nobody can change that game: Bitcoin rewards the best technology.

The Bitcoin network is a pure competition network. Only the best technology will be successful here and make it secure. A Bitcoin fork without the old coins would be like another s**tcoin, because it would avoid real competition.

2. A fork without old coins which could be transferred by quantum computers.
(For example: Burn Satoshis coins to end the threat of prices crashing - Paxful Founder https://bitcointalksearch.org/topic/burn-satoshis-coins-to-end-the-threat-of-prices-crashing-paxful-founder-5177563)

Both chains will be upgraded to quantum secure.

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We cannot know about technologies that will be invented in the future. Satoshi Nakamoto did not even know what will happen to cryptocurrency in twenty years, whether it will be applied to this time in the world by people, or not. He said that in twenty years there will be either a lot of transactions in bitcoins, or there will be no transactions. Therefore, even if he could hear about the possible developments of quantum computers, however, he could not know their details, just as we do not know to this day.

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First, nobody knows when a quantum computer will be released and also nobody know how Bitcoin will look like when this is gonna happen.

I think it's way to early to think about this right now. If a quantum computer will go live, imagine that all the other payment systems (banks, PayPal etc) will be affected, not only Btc.

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Quantum computers could arrive sooner if we build them with traditional silicon technology
http://theconversation.com/quantum-computers-could-arrive-sooner-if-we-build-them-with-traditional-silicon-technology-123115

IBM, Fraunhofer partner on German-backed quantum computing research push
https://www.reuters.com/article/us-ibm-germany/ibm-fraunhofer-partner-on-german-backed-quantum-computing-research-push-idUSKCN1VV20A

FULLY CONTROLLABLE AND HIGHLY STABLE 10-QUBIT CHIP PAVES WAY FOR LARGER QUANTUM PROCESSOR
https://www.quantaneo.com/Fully-controllable-and-highly-stable-10-qubit-chip-paves-way-for-larger-quantum-processor_a223.html

Imec and NUS to collaborate on chip-based quantum cryptography technology
https://www.imec-int.com/en/articles/imec-and-nus-to-collaborate-on-chip-based-quantum-cryptography-technology
Although one might argue that such a large-scale quantum computer is still some time away, the situation is nevertheless an urgent one..

Quote from: qubitasic on August 07, 2019, 10:22:16 AM

Move your coins from old addresses to make them quantum secure.
'Shalecoins', coins with no owner ' https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441 will be 'fracked'..

Quote from: qubitasic on August 07, 2019, 09:49:49 AM

Quantum computers will surprise the Bitcoin community. The 'shalecoins' will be moved and will become active.

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Today, many cryptocurrency users are horrified to hear the news that cryptocurrency will be defenseless in front of a quantum computer. There is a lot of news in the information space that many experts in the world of cryptography today are working on a quantum-resistant cryptocurrency in order to remove all risks in the future. Until now, many have been discussing printed words from Satoshi Nakamoto regarding quantum technologies and cryptocurrencies, but for some reason I have not heard a single word from Craig Wright, who is either an impostor or really is real Satoshi Nakamoto.

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For reference, there are some promising candidate for quantum resistant cryptography signature, such as :
1. Lamport Signature
2. Lattice-based Cryptography
3. Multivariate-based cryptography

These would be temporary solutions. Therefore they are developing new cryptos.

Quote from: satoquotes on July 18, 2019, 08:57:44 AM

Postquantum, nobody will be able to prove that he/she/they was/were the owner/s in the old system, because everyone will be able to reproduce the privatekeys of old blockchains.

We will have a quantum secure network.

Quote from: qubitasic on July 17, 2019, 11:44:33 AM

This will be the new beginning.

edited

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