Quantum Computers are not just super fast computers. Computer made by this technology is specified to solve a specific problem. It needs months and huge money to calibrate it to do this. So if any day there will be quantum computer that will try to attack bitcoin - it will be made in purpose to do only this one thing. Will it be profitable? Probable not because simple fork will make this quantum computer useless.
And you also need to know that this is very far future. And only few companies works on that technology. So in next 10-50 years Google, IBM and someone else mine purpose of doing quantum computers most likely will not be destroying bitcoin - there are more fun, needed for society, profitable aspects that will be the purpose of quantum computers rather than shot to the knee from marketing point of view.
Topic: Quantum Computer Will Destroy Bitcoin - page 2. (Read 352 times)
Hello there, I have a question that annoying me last days.
Can anyone explain me please, what happen if Some organization (corporation or country or maybe even some group of people) create Quantum Computer?
How it could affect on Bitcoin if this (let say group of people) want to destroy the whole system.
As I understand with the Power of such computer you could easily select private keys or create a 51% attack?
And probably give advice what to do in that case, I mean it would be enough to store my Bitcoin on cold wallet(It would be safe?), or panic sell in physical gold))
Thank you in advance.
Can anyone explain me please, what happen if Some organization (corporation or country or maybe even some group of people) create Quantum Computer?
How it could affect on Bitcoin if this (let say group of people) want to destroy the whole system.
As I understand with the Power of such computer you could easily select private keys or create a 51% attack?
And probably give advice what to do in that case, I mean it would be enough to store my Bitcoin on cold wallet(It would be safe?), or panic sell in physical gold))
Thank you in advance.
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