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Author Topic: How would this affect Bitcoin in a few years?  (Read 20 times)
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June 25, 2018, 07:00:23 PM

Intel is already starting to test the smallest chip for quantum computing. How would this affect Bitcoin in a few years? bitcoin should start right now to work seriously with the security of its network to avoid disaster.

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June 25, 2018, 08:37:51 PM

Let's say they've successfully made it and became reliable, so in next few years we could expect that Intel can do whatever it likes to Bitcoin  Shocked.
A 51% or higher computational power would be too easy for them to conduct an attack on the network.

Well, I'm not a technical guy and I really have no clue how the core developers can adjust on this threat.

Quantum computer poses a threat only on the encryption. I misread the article below..

For some references since the OP didn't include any:
Quantum Computing Becoming Real
Quantum Computers Pose Imminent Threat to Bitcoin Security

On a side note, so it would be possible also to generate a complete character case sensitive bitcoin address using a quantum computer.

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