Topic: Does the White House's National Security Memorandum 10 affect Bitcoin? (Read 220 times)

Starting from the release of the No. 10 National Security Memorandum on May 4, 2022, and 12 to 3 years until 2035, the United States will begin to mobilize "all-government participation and all-society participation" to fully and to the greatest extent possible Almost all algorithms in the United States have been upgraded and migrated to algorithms that are resistant to quantum computer cracking.

According to this "National Security Memorandum", almost all US departments will start from 2024 and update an annual report every year. These reports involve which algorithms should be completely abandoned and continue to be used from which year. . Several reports are published every year, and several times a year, all cryptographic goods must be upgraded and migrated to quantum-resistant computer cracking.

In short, by the end of 2024 at the latest, global crypto entrepreneurs will see that the elliptic curve signature adopted by BitBee will be completely abandoned by 2035 at the latest, and there is a high probability that it will be earlier! Because the elliptic curve signature used by Bits is one of the most easily cracked algorithms by quantum computers.

This will surely lead to the adoption of quantum computer-resistant algorithms from now on in all cryptocurrencies!

The first U.S. White House is already calling for a massive upgrade of quantum-resistant algorithms that includes cryptocurrencies. The second nist will announce the algorithm standard in the near future, among which the rainbow signature will exist as the most suitable algorithm standard for cryptocurrencies. Third Ethereum and Bitcoin are already undergoing upgrades. Sadly they chose hashing, which is going to be a huge problem for the next three years. So it is very necessary to deploy some rainbow-signed cryptocurrencies now.

---

Starting from the release of the No. 10 National Security Memorandum on May 4, 2022, and 12 to 3 years until 2035, the United States will begin to mobilize "all-government participation and all-society participation" to fully and to the greatest extent possible Almost all algorithms in the United States have been upgraded and migrated to algorithms that are resistant to quantum computer cracking.

According to this "National Security Memorandum", almost all US departments will start from 2024 and update an annual report every year. These reports involve which algorithms should be completely abandoned and continue to be used from which year. . Several reports are published every year, and several times a year, all cryptographic goods must be upgraded and migrated to quantum-resistant computer cracking.

In short, by the end of 2024 at the latest, global crypto entrepreneurs will see that the elliptic curve signature adopted by BitBee will be completely abandoned by 2035 at the latest, and there is a high probability that it will be earlier! Because the elliptic curve signature used by Bits is one of the most easily cracked algorithms by quantum computers.

This will surely lead to the adoption of quantum computer-resistant algorithms from now on in all cryptocurrencies!

the government wants to regulate. and they'll do that with crypto. no big deal. in case you hadn't noticed, they don't allow us citizens at alot of crypto exchanges these days. if the government wanted to, they could probably outlaw bitcoin here in the usa. not by doing anything other than scaring companies away from wanting to have anything to do with its citizens...

If you have an in-depth understanding of cryptography and the layout of post-quantum cryptography by governments around the world, especially the White House in the United States, you will find that the underlying logic of cryptocurrency is starting a revolution.

talk is cheap especially when your biggest one to date is only 127 qbits. lets wait and see.

and if its that big of a problem, government could just outlaw quantum computers completely. problem solved. surely if the gov said not to use a quantum computer, no one would right?

It's extremely difficult to happen in reality! Quantum computer is not anymore a myth that we all know. IBM has already announced their breakthrough in quantum computing and Google is on the same way. However, It is highly unlikely for a quantum computer to be available to a random group of people in the next 100 years. For a company, whatever activities will be done through a quantum computer, will be recorded and I am sure a lot of governments will want to see those records periodically considering the risk it poses for national security. So even if a capable quantum computer is available to a company to ransack bitcoin algorithm, it is highly unlikely that the computer will be used for such task.

It's fantastic to see that US government is way ahead of anyone else regarding security. It certainly will force new crypto companies operating from US, to upgrade themselves to become compliant with the norm.

Quantum computers may not be around anytime soon but this thing is there. Do you know what the sword of Damocles is? In addition, you can look at the development plans of various important countries in the world. Quantum computers and new cryptographic foundations are the core.

There is more damage to Bitocin than you and others like you who pretend to know what they are talking about, and do not even know how to use the forum... https://archive.ph/d6Q4R

IBM Corporation, has disclosed,

which company are you talking about? i doubt that.

I don't believe quantum computers will be around anytime soon.

Anyway, cryptographic will evolve as much as needed, according to the evolution of processing power. It is just silly to think otherwise.

I'm sure the bitcoin protocol will evolve to the needs and best practices of cryptography, now and in the future.

If quantum computers would destroy cryptography, bitcoin would be the smaller of world's problem. All the banking system would just collapse, as everyone do everything in smartphones using cryptography, for example.

What if quantum computers made rapid progress? As far as I know, there are companies in the United States that will get 2,000 qubits next year, which is amazing. Perhaps the programmers of Bitcoin are already preparing for this.

nah. that's not happening that soon not for bitcoin. maybe in 50 years. but not in 8.

Encryption comparisons that resist quantum computer cracking will become absolutely mainstream from 2022! By around 2030, all of today's trillions of dollars in crypto will be quantum-resistant.

Because on May 4, 2022, the White House issued National Security Memorandum No. 10. It requires "whole-of-government participation" and "whole-of-society participation" across the United States, covering all government departments in the United States, and striving for the greatest possible and maximum amount of work within ten years after the release of the quantum-resistant standard algorithm in 2024, that is, before 2034. Implement quantum-resistant algorithms across the United States.

The memorandum sets out requirements for all federal agencies in the United States to upgrade to quantum-resistant algorithms, with a time-limited, yearly update schedule, milestones, schedules, responses, and requirements.

In short, the United States has launched everything from May 4, 2022, to at least 2034, to upgrade to quantum-resistant algorithms as much as possible. It's bound to drive all crypto-comparisons to quantum-resistant algorithms soon.

In the next 20 years at least, there is only one algorithm that can meet the four conditions of long-term security, long-term stability, long-term efficiency, and the possibility of the world's largest consensus in all the various usage scenarios of encrypted currency comparison: multivariate digital signature.

Around 2030, all cryptographic comparisons will be based on multivariate digital signatures. Just as almost all cryptographic comparisons today are based on an algorithm, elliptic curve signatures.

Multivariate is gold! go! Let's dig for gold together!