What is the core dev team plan to fight Quantum computers?

[digaran]

I don't know if you seen the image of Bill Gates sitting on top of a tree made of papers and holding a CD in his hand saying what's on the papers can fit on this CD.
For how long we were using CD/DVD?, what happened suddenly flash memories, USB memories came to the market to claim their rightful place.
How long we have been using hard drives even to this day?
First when SSD drives were introduced everyone was amazed but not all of them could afford to buy such high speed drives.
Wasn't it 14/15 years ago when Jobs introduced the first iphone/smart phone? those old phones are now a joke compared to the ones currently on sale.

Above points are just examples of how fast technology can advance and grow powerful.  If any of you guys think that there is no QC now or that they will be a thing in the future, think again. Powers at work with access to money and resources tend to hide their advancements especially if it's a technological and more of a security advantage in nature.

Keep in mind that some country like China/US could completely destroy the cryptocurrency ecosystem or just take advantage first for a few years before shutting it all down, and don't think for a second that they will announce it to the world that they have a powerful QC.

I bet they wouldn't even let any developer/ mathematician/ scientist to publicly work on QC resistant solutions and would destroy any published algos, theories, solutions.

I'm more concerned about the Chinese, they even cloned Elen Musk himself.🤣 who knows what they're really capable of.

Note, if you go around the forum and read some concerning topics, you'd see familiar names/ accounts trying to make joke, diminishing the value of sound and justifiable arguments, stating that everything is fine, no need to be worried. Be wary of them and try to identify and remember their names, best course of action is to then put them on ignore, there are agents of enemy lurking here, they might seem very nice and legit but their intentions is sinister in nature.

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[franky1]

Above points are just examples of how fast technology can advance and grow powerful.  If any of you guys think that there is no QC now or that they will be a thing in the future, think again. Powers at work with access to money and resources tend to hide their advancements especially if it's a technological and more of a security advantage in nature.

yep for years they have promoted QC as some special (sci-fi) extra dimensional gateway to other universes and traversing the lengths of the universe in microseconds.. it was not that!

but it helped delay competition while competition scratched their head for years trying to figure out the real game

QC computing is much more simpler then people think

[pooya87]

lets use the announced (yeas ago) RSA 768 'crack'

Bitcoin doesn't use RSA so your numbers are all irrelevant. You also need to read my post again, I never said overnight they would increase the speed to minutes. I even used the SHA1 example deliberately for those who are familiar with the story to understand the scenario better.

oh and a reminder. the new tx format uses schnorr already. so a QC cant schnorr a schnorr, thus it cant use schnorr to gain trick efficiency if a bitcoin format is already using it to stay ahead

Schnorr is different from ECDSA but it is still not QC resistant.

[Vyeon11]

Is there any plan at all? Is there any official announcement from the developers? Do they even know how to prevent an attack from a QC?

“If you have a quantum computer today, and you are a government like China for example, in eight years time you can hack a Bitcoin wallet through its blockchain,” explains Fred Thiel, CEO of crypto miner Marathon Digital Holdings who is a member of the US Bitcoin Mining Council led by Michael Saylor.

The National Institute of Science and Technology (NIST) has been working on a new standard for quantum-resistant encryption. NIST implements a selection process to select the best candidate and make it standard.

Once post-quantum cryptographic standards are compared, the mass migration process will begin.

Everyone who owns Bitcoin or Ethereum will move their funds from their old digital identity to a new wallet or account that is secured using a new, more secure type of key.

Reference : blockchainmedia

[franky1]

now your just knitpicking...

i never said bitcoin uses RSA.. it was a cracking for dummies demo
describing a RSA crack is closer comparative to a ECC crack than a sha1 crack is.

but using a known and researchable RSA crack then give a basic understanding of cracking and then can be used to base how the evolutions need to scale to get down to say 4 minutes end up costing alot more then the known lesser bit crack occured

but hey if you wanna skip the context and just play knitpick of 'he said she said', you go do that on your own in your little corner.
or
think beyond the silly social drama games and understand whats being dumbed down and used as a simple comparison to make things easier for you to then do your own research with a better basic understanding of cracking factorisation and scaling

the ball is left in your court, so you now go play and allow yourself to expand your learning

[Pmalek]

May be they don’t need to fight it because who would want to invest in QC just to break the keys?

That could be just a small part of the negative consequences of quantum computers. Bitcoin and the whole crypto ecosystem isn't that big in comparison to traditional finance. Bitcoin's encryption could be broken, but so could every other fiat systems we use. Think about your online banking and the services you use in that sector. The encryptions on your credit/debit cards. Now imagine they all become unsafe and useless. It's still just theory. But surely something worth thinking about. Someone somewhere always works on putting theory into practical use. 

[RealMalatesta]

May be they don’t need to fight it because who would want to invest in QC just to break the keys?

That could be just a small part of the negative consequences of quantum computers. Bitcoin and the whole crypto ecosystem isn't that big in comparison to traditional finance. Bitcoin's encryption could be broken, but so could every other fiat systems we use. Think about your online banking and the services you use in that sector. The encryptions on your credit/debit cards. Now imagine they all become unsafe and useless. It's still just theory. But surely something worth thinking about. Someone somewhere always works on putting theory into practical use. 

You are thinking about how badly it could be used, and not how greatly it could help. You think that it could be broken, but at the same time you are not considering who are developing such things. It's not the sinister evil guy with a moustache behind a curtain, it's the science people who are working on it. We are long long long way to that, but assuming that we will ever achieve it, I can guarantee you that they will use it to help most companies and the world in general instead of hurting.

It won't be available for home usage for maybe even longer than our lifetime (depending on how old you are). It's like we are at basically cracking enigma level of computer right now, not at a level of lets use it to watch youtube videos on it level.

[Pmalek]

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I have been alive on this planet long enough to see where most of the money goes. And it doesn't go to the betterment of the planet. It isn't invested in stopping hunger or preventing war, but the opposite. Scientists built the nuclear bomb as well. The money that is invested in war and warfare could prevent hunger worldwide, but that is not what the 'good guys' need or long for. If you believe someone will build quantum computers to make your life better, you will be surprised. 

[famososMuertos]

Although it is a subject with many references both on the side of doubts, users, and on the side of those who claim to have the qbits, it is always necessary to have the new season "2023" QBit.

 So it's good, to be concerned, but based on what is known and how the subject has been dealt with in recent years, this information gives you the approach that as a common user, within your limits of knowledge, you must have for later with the advances that They are said to exist in order to understand that Qbits technology does not "travel" so fast in the QBit ratio necessary to have a real concern.

 By the way, you should start your essay or topic of the OP with knowing what level of QBIT we are at, and you can realize that there is no "public" consensus and in that sense not a real QBIT that they claim to have.

In fact, there are disparate data between which countries lead the advances and which companies, and each of them claims to have the best progress.

[NotATether]

P2PK is at risk. so its advised dont use P2PK(especially with large tempting amounts you dont want to lose)
also when spending funds on any format. it reveals the PK.. so dont re-use the addresses of any formats after spending them. generate a fresh address to receive change and future funds. and make the one you spend obsolete

Who the heck uses P2PK today anyway? Almost no wallet software supports it, so I would be hard-pressed to find anyone who would be in immediate danger besides dead/vanished early pioneers.