Bitcoin Forum

Economy => Speculation => Topic started by: misterbigg on August 19, 2012, 11:12:40 PM



Title: "Researchers Make Quantum Processor Capable of Factoring"
Post by: misterbigg on August 19, 2012, 11:12:40 PM
CAUSE For the price decline has been found:

http://www.sciencedaily.com/releases/2012/08/120819153743.htm

Quote
ScienceDaily (Aug. 19, 2012) — Computing prime factors may sound like an elementary math problem, but try it with a large number, say one that contains more than 600 digits, and the task becomes enormously challenging and impossibly time-consuming. Now, a group of researchers at UC Santa Barbara has designed and fabricated a quantum processor capable of factoring a composite number...


Title: Re: "Researchers Make Quantum Processor Capable of Factoring"
Post by: goxed on August 19, 2012, 11:34:27 PM
It's a proof of concept. " capable of factoring a composite number -- in this case the number 15 -- into its constituent prime factors, 3 and 5."


Title: Re: "Researchers Make Quantum Processor Capable of Factoring"
Post by: ruski on August 19, 2012, 11:40:02 PM
CAUSE For the price decline has been found:

http://www.sciencedaily.com/releases/2012/08/120819153743.htm

Quote
ScienceDaily (Aug. 19, 2012) — Computing prime factors may sound like an elementary math problem, but try it with a large number, say one that contains more than 600 digits, and the task becomes enormously challenging and impossibly time-consuming. Now, a group of researchers at UC Santa Barbara has designed and fabricated a quantum processor capable of factoring a composite number...


It figured out that 3x5=15...

...HALF the time?

I'm not worried yet.


Title: Re: "Researchers Make Quantum Processor Capable of Factoring"
Post by: cypherdoc on August 19, 2012, 11:45:04 PM
It's a proof of concept. " capable of factoring a composite number -- in this case the number 15 -- into its constituent prime factors, 3 and 5."

lol, i was just going to post this; hey, i could've told them that!  :D

as well, they said that "quantum cryptography" would then develop hand in hand with quantum factorization essentially indicating that the arms race will continue step for step btwn the "counterparties".

conclusion:  Bitcoin can stay one step ahead.


Title: Re: "Researchers Make Quantum Processor Capable of Factoring"
Post by: ElectricMucus on August 19, 2012, 11:50:11 PM
It's a proof of concept. " capable of factoring a composite number -- in this case the number 15 -- into its constituent prime factors, 3 and 5."

lol, i was just going to post this; hey, i could've told them that!  :D

as well, they said that "quantum cryptography" would then develop hand in hand with quantum factorization essentially indicating that the arms race will continue step for step btwn the "counterparties".

conclusion:  Bitcoin can stay one step ahead.

Not only bitcoin, it has long be established that those who want to keep the secret well be the ultimate winners in this race versus those who want to break it.
common cryptoknowlege 101