qubitasic
Jr. Member
Offline
Activity: 48
Merit: 1
|
|
December 03, 2019, 05:12:13 PM |
|
Amazon Rolls Out Quantum-Computing Service (The Wall Street Journal - articles/amazon-rolls-out-quantum-computing-service-11575314729) “Customers are asking for ways to experiment with quantum computers and explore the technology’s potential,” Charlie Bell, a senior vice president at Amazon Web Services, said in a statement. Amazon Joins Tech’s Great Quantum Computing Race https://www.wired.com/story/amazon-joins-quantum-computing-race/Satoshi, move your coins from P2PK addresses to P2PKH addresses.
|
|
|
|
|
|
|
suvo05
|
|
December 23, 2019, 06:24:24 PM |
|
Even though there are lots of work going towards the existence of quantum computer still it has not come to reality yet. And there are lots of ongoing work regarding the development of crypto too which will have no value if the quantum computers come into existence. People/companies are also spending money even on post-quantum computing to be secure against an attack by a quantum computer.
At the time of creation of BTC, the case of the existence of quantum computer was not considered as it was not considered in many of the cases. Now the developers are certainly finding defence system for any post-quantum attack.
|
|
|
|
demanze
Newbie
Offline
Activity: 17
Merit: 3
|
|
December 23, 2019, 06:40:21 PM |
|
Satoshi trusted cryptography. That means didn't plan anything in case P=NP or in case quantum computers will exist/work as advertised. Also he probably didn't plan bitcoin to be so successful.
If anything breaks cryptography, it doesn't matter what Satoshi believed. Bitcoin will cease to exist.
|
|
|
|
Dabs
Legendary
Offline
Activity: 3416
Merit: 1912
The Concierge of Crypto
|
|
December 23, 2019, 07:39:41 PM |
|
Unlikely for anything to break crypto any time soon. Besides, addresses are hashes of public keys which are not known until a spend transaction is visible. By the time that is done, it will be too late for any computer, quantum or not, to break it and get the private key in order to attempt to double spend anything.
|
|
|
|
carlzec
|
|
December 23, 2019, 08:53:01 PM |
|
It wouldn't be right to think of Bitcoin or Blockchain for the last 10 years. For a decentralized structure, it is necessary to look at 1990. You need to look at even older dates. Bitcoin is the result of the CyperPunk stream. This is my opinion. Satoshi presented us with 30 years of experience. I think Quantum Computers are also guessing.
|
|
|
|
|
djsugar
|
|
December 27, 2019, 05:36:13 PM |
|
The history of work on quantum computers dates back to 1990s. So I would say, Satoshi would have known that quantum computers will become a reality in future which will have an ability to break any cryptographic hash. But that might not be the immediate concern for him because if quantum computers actually become a reality, then more than Bitcoin many other technology will be in problem. So, there will definitely be a way out. He was more centered towards creating a decentralized currency than being concerned about something that will not become a reality in near future.
|
|
|
|
White Christmas
Sr. Member
Offline
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
|
|
December 28, 2019, 06:40:07 AM |
|
We don't know if Satoshi's real intention is to build a blockhain in which you need to solved the block in order to go into the next block so maybe Satoshi thinks about the quantum computing in order to be more easy on solving the blocks in order to go into the second block and so on. I think Satoshi was very bright and early to think about what would be happen on the near future because he maybe think already that quantum computers will be built in order to used in quantum computing and quantum physics. This probably the main reason why blockchain technology became known by the masses or the people.
|
|
|
|
chaoscoinz
Sr. Member
Offline
Activity: 1150
Merit: 260
☆Gaget-Pack☆
|
|
December 28, 2019, 11:01:10 AM |
|
1. Yes, with quantum computers they would become active. Did Satoshi think that quantum computers will exist? Quantum computers are a long ways away from becoming general purpose computers. As of right now, quantum computers are highly limited to only being able to perform specific kinds of calculations and tasks. There is no threat stemming from quantum computers at the moment and there won't be for quite some time now. I would worry if quantum computers became commercially available like smartphones, then there would probably be room for panic to ensue. I believe that people have been watching way too many science fiction movies.
|
|
|
|
Tipstar
Sr. Member
Offline
Activity: 1848
Merit: 298
Vave.com - Crypto Casino
|
|
December 28, 2019, 11:04:10 AM |
|
He surely knew there were going to be pretty fast machine to predict things, that's why he went on with a high level of encryption. We still don't know if bitcoin security would be vulnerable to claimed quantum computers built by some institution and we also hope they'll never get on the hands of wrong people or used against bitcoin.
|
|
|
|
buwaytress
Legendary
Online
Activity: 2912
Merit: 3584
Join the world-leading crypto sportsbook NOW!
|
|
December 28, 2019, 04:42:41 PM |
|
It wouldn't be right to think of Bitcoin or Blockchain for the last 10 years. For a decentralized structure, it is necessary to look at 1990. You need to look at even older dates. Bitcoin is the result of the CyperPunk stream. This is my opinion. Satoshi presented us with 30 years of experience. I think Quantum Computers are also guessing.
Also wouldn't be "right" nor realistic to think Satoshi imagined that the system would remain the exact same thing for longer than a decade. Technology's advancement may not be exponential but certainly, innovation is. Perhaps there will be something before quantum computing that could crack the current tech in encryption, but silly to think encryption can't and won't move beyond that either. Bitcoin's resilience is well known and it's flexible enough to always stay ahead of the curve. But we've to ensure its decentralisation remains intact for that ability to remain unchanged ten, twenty, fifty years from now.
|
|
|
|
ownQUANTUM
Newbie
Offline
Activity: 2
Merit: 0
|
|
January 02, 2020, 04:59:36 PM |
|
...... Fully operational? i guess on some states maybe?
More likely private groups. BUILD YOUR OWN QUANTUM COMPUTER AT HOME https://hackaday.com/2019/12/30/36c3-build-your-own-quantum-computer-at-home/ 'As quantum computing is often depicted as cryptography’s doomsday device, it’s of course of concern that someone might just build one in their garage'This decade the early mined Bitcoins will be moved and will become active.
|
|
|
|
newBTCdecade
Newbie
Offline
Activity: 10
Merit: 0
|
|
January 03, 2020, 03:10:33 PM |
|
A Quantum Computing Future Is Unlikely https://www.govtech.com/products/A-Quantum-Computing-Future-Is-Unlikely-Due-to-Random-Hardware-Errors.htmlGoogle claims quantum supremacy – IBM says not so fast. One researcher explains why he doesn't see quantum computers outpacing classical computers any time soon ... and maybe not ever. "As someone who has worked on quantum computing for many years, I believe that due to the inevitability of random errors in the hardware, useful quantum computers are unlikely to ever be built."
|
|
|
|
newquantum
Newbie
Offline
Activity: 1
Merit: 0
|
|
January 08, 2020, 03:47:12 PM |
|
This decade the early mined Bitcoins will be moved and will become active.
Quantum computing will be the smartphone of the 2020s, says Bank of America strategist https://www.marketwatch.com/story/quantum-computing-will-be-the-smartphone-of-the-2020s-says-bank-of-america-strategist-2019-12-12'When asked what invention will be as revolutionary in the 2020s as smartphones were in the 2010s, Bank of America strategist Haim Isreal said, without hesitation, “quantum computing”' “In the future, even robust cryptographic algorithms will be substantially weakened by quantum computing, while others will no longer be secure at all,” according to Swaroop Sham, senior product marketing manager at Okta.'
|
|
|
|
newBTCdecade
Newbie
Offline
Activity: 10
Merit: 0
|
|
January 10, 2020, 02:59:56 PM |
|
Quantum computing boost for IBM but Bitcoin stays safe https://decrypt.co/16211/quantum-computing-boost-for-ibm-but-bitcoin-stays-safeIBM has doubled the power of its quantum computer but Bitcoin's encryption is still far from being broken. "IBM has doubled the power of its quantum computer. At yesterday's CES 2020 conference, the company announced it had successfully achieved a Quantum Volume of 32 using its 28-qubit quantum computer known as Raleigh." "As a network built entirely around cryptographically secured transactions, it stands to reason that a sufficiently powerful quantum computer could eventually crack the encryption used to generate Bitcoin private keys. However, according to a June 2017 paper by Martin Roetteler and several co-authors, such as a machine would need to command approximately 2,500 qubits of processing power to break the 256-bit encryption used by Bitcoin."
|
|
|
|
Swordsoffreedom
Legendary
Online
Activity: 2870
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
|
|
January 10, 2020, 09:14:24 PM |
|
Quantum computing boost for IBM but Bitcoin stays safe https://decrypt.co/16211/quantum-computing-boost-for-ibm-but-bitcoin-stays-safeIBM has doubled the power of its quantum computer but Bitcoin's encryption is still far from being broken. "IBM has doubled the power of its quantum computer. At yesterday's CES 2020 conference, the company announced it had successfully achieved a Quantum Volume of 32 using its 28-qubit quantum computer known as Raleigh." "As a network built entirely around cryptographically secured transactions, it stands to reason that a sufficiently powerful quantum computer could eventually crack the encryption used to generate Bitcoin private keys. However, according to a June 2017 paper by Martin Roetteler and several co-authors, such as a machine would need to command approximately 2,500 qubits of processing power to break the 256-bit encryption used by Bitcoin." Interesting. I know 2500 is far from current 28 qubit but it still scares me a little. Not long ago I've read about 11-qubit quantum computer. How long do you think it will take to develop 2500 qubit computer? I hope Moore's law doesn't apply here.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
bitbunnny
Legendary
Offline
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
|
|
January 10, 2020, 09:46:10 PM |
|
I think Satoshi was a visionaire otherwise he wouldn't create Bitcoin but if he had idea about quantum computing it's hard to say. To me sounds more possible that Nikola Tesla had such.idea and vision, he was really ahead of his time and predicted some inovations that happened almost century after his time.
|
|
|
|
|