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Author Topic: [2017-02-28] Antonopoulos Details Bitcoin’s Two Layers of Protection Against Qua  (Read 142 times)
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February 28, 2017, 01:21:36 PM

Andreas Antonopoulos is a well-known visionary and speaker within the Bitcoin community. Lately, there’s been a lot of conversations and media headlines discussing the development of quantum computers breaking elliptic curve cryptography. Antonopoulos believes Bitcoin will be okay if the system upgrades, as research in quantum computing develops further. The technical expert also details that Satoshi’s genius already back in the day had preconceived plans on how to handle the issue of quantum computing.

An attendee listening to a keynote speech given by Andreas Antonopoulos asks: “Is it possible, for example, that the NSA boasts a quantum computer that will be able to break Bitcoin’s cryptography?”

“Yes, it is certain that the NSA has already built quantum computers, because Google has one in their data center, and if they have one the NSA has one that is ten times better, that costs as much as a moon mission and that can break encryption systems at a much better rate and with more efficiency,” explains Antonopoulos. “Now here’s the interesting question — Do they use that to break Bitcoin?”

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