If this tech will leave google the whole crypto indutsry will be in trouble
Every everything industry will be in trouble once something viable arrives, it's probably not this. Encryption underpins all the important stuff that happens in day to day life. I'm sure someone will figure summat out. Won't be me though. I'll not worry about it and get on with my manscaping.
Yes but you people fail to understand this won't be an on/off thing. Indeed certain core dev told me they are ready to push a little update to make Bitcoin more resistant, but as most things they do, they take their time. Perhaps these news will encourage them to give it more priority. I don't think its urgent either, but we should not sleep on it.
After all, when those computers start becoming useful to crack encryption publicly, privately the likes of the NSA would have been already done it. so you shouldn't wait until IBM or Google, both American companies that could be served gag orders to remain quiet at any moment (if they haven't done so already) announce things to take action.
Cracking current encryption is still away, but not as far as you think. If you can take measures now, you should.
Remember, by the time they announce anything, it is too late. Be ready before that.
I expect that at first, only those large institutions would own them due to their massive size, so naturally you'd "trust them" (Ie. the NSA). But with time, they will shrink and their cost will be lower. That old game of the 90ies with PGP will probably repeat. National security reasons you can't export blah blah China has it already, and Russia gets it from them, and eventually it starts permeating to the public.
Hmm i wonder if quantum communication will ever become a reality, its still looks like sci-fi, it would allow instant communications over vast distances, crucial for things like Mars colonies or beyond... It has to do with quantum entanglement. It could also lead us to under 1ms latency...
