Author

Topic: LTC v BTC Quantum attack (Read 1663 times)

legendary
Activity: 2632
Merit: 1023
March 20, 2013, 04:04:02 AM
#4
They are equally vulnerable.

Quantum attacks on the hashing algorithm are utterly irrelevant. The best quantum algorithms give you a big advantage in making hashes, but doesn't let you make them at will; the difficulty will adjust and life will go on. The only relevant quantum attacks are on the digital signature scheme that protects wallets from thieves, and both Bitcoin and Litecoin use ECDSA (which can be broken by Shor's Algorithm).


OK question answered, blockchain safe, wallets fly open...(except for the send once to new address always scheme)
newbie
Activity: 56
Merit: 0
March 19, 2013, 03:34:35 PM
#3
Forget Litcoin its a copy of bitcoin and will not be helpful in Bitcoins economy.
legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
March 19, 2013, 01:18:44 PM
#2
They are equally vulnerable.

Quantum attacks on the hashing algorithm are utterly irrelevant. The best quantum algorithms give you a big advantage in making hashes, but doesn't let you make them at will; the difficulty will adjust and life will go on. The only relevant quantum attacks are on the digital signature scheme that protects wallets from thieves, and both Bitcoin and Litecoin use ECDSA (which can be broken by Shor's Algorithm).
legendary
Activity: 2632
Merit: 1023
March 19, 2013, 09:58:14 AM
#1
LTC v BTC Quantum attack which is more resistant?
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