computer capable of breaking elliptical curve encryption algorithms

[spy100]

Here is something to give you sleepless nights ... enjoy !  

Last week, anonymous government sources confirmed that Quoherence Labs had created a quantum computer capable of breaking both the widely used RSA and elliptical curve encryption algorithms that underpin most cybersecurity protocols....


Article:

https://www.nature.com/articles/d41586-022-00418-7

[d5000]

I've sold everything! How come this Quoherence Lab hasn't been discussed deeply in this forum? I think he meant the crash yesterday to 38K, as he talks about the "Black Saturday", or not? But isn't 38K a bit high still for a flawed tech which will collapse in a matter of seconds soon? Why is the price now even going up? I don't understand!

(Haha, nice However, the story isn't very realistic, the employee would very likely first steal Satoshi's coins instead of trying to break some worthless shitcoins, because the public key of them is known due to them being P2PK.)

[jackg]

Since you didn't include it in the op im guessing it might not have been included in the article but to what extent can the algorithms be broken (if indeed the article were anything credible).

You'd likely need at least a 128-qubit machine to break mnemonic seed phrases to start with and double that for private keys.

Rsa and ecc can already be broken if you use small enough keys .

Then there's the prospect the hashing algorithms used are a lot harder to "break" as they aren't linear operators.

[TheBeardedBaby]

This is just a type of article that someone somewhere mentioned something about what he heard from someone else and there you go, you have "big" news based on nothing. 0 facts only bla-bla.
Until I see a burn address moving coins soon, I would not believe anything, even tho it's The Nature.

This seems more like, let's crash the market more to full bigger bags. That's all.

[NeuroticFish]

Last week, anonymous government sources confirmed that Quoherence Labs had created a quantum computer capable of breaking both the widely used RSA and elliptical curve encryption algorithms that underpin most cybersecurity protocols....

For the sleepless nights some more tangible proof is necessary. All this.. essay... is just another proof that "verba volant".
Let's see them break one of those. Until then it's just unverified rumors (i.e. FUD).

[fiulpro]

In events like this, wouldn't it be a threat to every single one of the banks? Government websites? Schools? Offices? This is not really a simple rule but at the end of the day the whole of the internet will collapse causing massive chaos. How hard would it be able to access this computer as well? It's not an easy thing to actually have access to things that can cause so much trouble, at the end of the day I do think that they would impose super strict restrictions on these things so that it does not go in wrong hands. But it's technology, it's going to evolve every single second and if you can't keep up with it, then you won't survive. Let's see and wait for such catastrophe.

[_act_]

Here is something to give you sleepless nights ... enjoy !  

Last week, anonymous government sources confirmed that Quoherence Labs had created a quantum computer capable of breaking both the widely used RSA and elliptical curve encryption algorithms that underpin most cybersecurity protocols....


Article:

https://www.nature.com/articles/d41586-022-00418-7

Absolutely misinformation and lies. Disregard this.

This is just a type of article that someone somewhere mentioned something about what he heard from someone else and there you go, you have "big" news based on nothing. 0 facts only bla-bla.
Until I see a burn address moving coins soon, I would not believe anything, even tho it's The Nature.

This seems more like, let's crash the market more to full bigger bags. That's all.

It is all lies, I have checked three crypto news updates today and nothing like that yet, there are sites like this that are full of misinformation, the best is to just never consider this. It is getting easier for people to spread lies this days, articles full of misconceptions are more existing because there are sites that make it easy for peoe to post the article kf heir own without any review by another person which is expert and following what is going on k the environment.

[Upgrade00]

Here is something to give you sleepless nights ... enjoy !  

I am pretty sure I will be sleeping perfectly fine. "Anonymous" and "confirmed", do not go hand in hand, unverified sources cannot be taken as reliable means of spreading information. This seems like a poorly done way to spread FUD and possibly tank the prices of some cryptos.

[o_e_l_e_o]

Guys. Stop. This piece is from "Nature: Futures", which it makes clear at the top of the page. Futures is fiction. The whole purpose of it is for scientists and science journalists to submit fictional articles that they could imagine might be written in the future.

Look at what Nature says about Futures here (emphasis mine):

Futures is the award-winning science-fiction section of Nature and it accepts unsolicited articles. Each Futures piece should be an entirely fictional, self-contained story of around 850–950 words in length, and the genre should, broadly speaking, be 'hard' (that is, ‘scientific') SF rather than, say, outright fantasy, slipstream or horror.

And here:

Futures is a venue for very short stories or ‘vignettes’ of between 850 and 950 words. The subject is typically near-future, hard SF, although this can be interpreted liberally.

OP is a known troll and is baiting you all in to thinking this is real. It is fiction. No, bitcoin has not just been broken by quantum computers.

[TheBeardedBaby]

Guys. Stop. This piece is from "Nature: Futures", which it makes clear at the top of the page. Futures is fiction. The whole purpose of it is for scientists and science journalists to submit fictional articles that they could imagine might be written in the future.

Look at what Nature says about Futures here (emphasis mine):

Futures is the award-winning science-fiction section of Nature and it accepts unsolicited articles. Each Futures piece should be an entirely fictional, self-contained story of around 850–950 words in length, and the genre should, broadly speaking, be 'hard' (that is, ‘scientific') SF rather than, say, outright fantasy, slipstream or horror.

And here:

Futures is a venue for very short stories or ‘vignettes’ of between 850 and 950 words. The subject is typically near-future, hard SF, although this can be interpreted liberally.

OP is a known troll and is baiting you all in to thinking this is real. It is fiction. No, bitcoin has not just been broken by quantum computers.

Lol. That's a smart way to create fake news and wash your hands that its just a fiction. In addition pumps a lot your views.
There should be a warning sign that everything in those articles in the section is just fairy tales. 

[Vatimins]

     Just your typical hearseay for traffic. Doesn't even have credible sources included in the article. Most of the cases, I would just ignore these type of articles, really not worth the headache. Specially when you don't have world changing secrets or hidden assets worth billions. Even if it is true, I reckon that the targets would be people of great significance and influence in the world. So normal people which are the majority here should be fairly safe. )

[Hydrogen]

Last week, anonymous government sources confirmed that Quoherence Labs had created a quantum computer capable of breaking both the widely used RSA and elliptical curve encryption algorithms that underpin most cybersecurity protocols....

If that were true, global communications networks would be compromised. Military communications could be decrypted. Encrypted transmissions to predator drones could be hijacked. Banking and financial networks would be jeopardized. Intelligence agencies and judges wouldn't have to pressure suspects of crimes to provide passwords to their iphones anymore.

News stories containing the term "quantum" should be considered a marketing brochure and venture capitalist pitch. They do not reflect actual science, as we have witnessed from the last 5 years of false claims being made.

I saw a whitepaper for a "breakthrough" in quantum computing which claimed a theoretical "quantum" processor that was multi core with registers of more than 1,000 bits. Current day PC CPUs have 64 bit registers.

If anyone reads what is published as a "quantum breakthrough" it will sometimes sound like fanfiction written by computer illiterates.

It doesn't sound scary to bitcoin HODLers. Its more like parody content.

[d5000]

OP is a known troll and is baiting you all in to thinking this is real. It is fiction. No, bitcoin has not just been broken by quantum computers.

Well, I actually enjoy this kind of "trolling" so I (sort of) participated, sorry (I have however no idea of the "records" of this user). I think the OP gave also a hint that it is fiction with the emoji he used. And yeah, simply google this "Quoherence Labs" business ...

(And no, I didn't sell anything.)

Liked the story, even if it's not too realistic. See the small-font part of #2: if someone has power over a potent-enough quantum computer, we would probably notice it seeing Satoshi's coins slowly moving, as they're the easiest targets - they can calculate the private keys with Shor's algorithm using the public key in the P2PK mining transaction ScriptPubKey - and QCs also need some time to solve the problem.

I didn't know this Nature section, but surely I'll visit it again in the future

[so98nn]

Oh come on, I tried this thinking way before this OP. Even tried to convince many forum legends how one can break the code with simple machine learning! The thing is everyone is ending at the dead end where there is no way but to turn back. We even tried to feed the Artificial Intelligence code with all the data that is available on the interent today, where as, i = infinite character who always captured the Seed for any action that has been taken in the past. By this it will understand A = X seed, B= Y Seed and same goes for the letter.

However, there are trillions and trillions of combinations considering all the letters, numbers, special character and even space!

You know what, the computer will go hot enough to explode before it could crack the code!

This should be fun reading it: SHA-256 All Possible Combination & Breaking the code Hypothesis