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Author Topic: Is quantum computing a issue for bitcoin?  (Read 2607 times)
organofcorti
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August 30, 2012, 10:20:24 PM
 #21

Back in 2009 Shor's algorithm had been used by a quantum computer to factorise the number 15. Anyone know what the most recent record is?

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Etlase2
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August 30, 2012, 10:22:01 PM
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https://bitcointalk.org/index.php?topic=3008.0 an enlightening thread on this topic

Besides unbalanced oil & vinegar, NTRU exists today and has an open source implementation: http://en.wikipedia.org/wiki/NTRU
There are also one-time Lamport signatures + merkle trees that allow for more than one sig use: http://en.wikipedia.org/wiki/Lamport_signature

Both of these have serious downsides compared to ECDSA though, namely a lot more data is required for public keys and signatures. But they are quantum computer resistant.

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August 30, 2012, 11:02:01 PM
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Back in 2009 Shor's algorithm had been used by a quantum computer to factorise the number 15. Anyone know what the most recent record is?

15!  But this time with electrons, and this time it was really truly QuantumTM, for sure.

Also, according to Wikipedia, the first factoring was done in 2001.  It may not have actually been a quantum event since entanglement wasn't observed, but I'd think that teaching an NMR machine to factor integers would be a bigger accomplishment!  After all, everyone "knows" that quantum computing is coming, but getting Shor's to work in a non-quantum computer would change the world.

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