cyberianmine on Nostr: This recent hype around quantum computing breaking Bitcoin's is pure mainstream FUD. ...
This recent hype around quantum computing breaking Bitcoin's is pure mainstream FUD.
If quantum computers are able to break ANY traditional encryption - it's going to be the smallest of humanity's problems.
Bank accounts would go first - often with much weaker encryption and much higher capitalization.
Then all Gmail accounts, custodial services, all kinds of apps, SWIFT, VISA, Mastercard, ATMs, your browser history, nuclear facilities, presidents' Whatsapps, physical access gateways, airports, car and airplanes autopilots. The whole internet, basically.
A bit like the final 5 minutes of Fight Club.
And even if there is a viable threat for any of those, Bitcoin would react in kind - by implementing quantum-resistant encryption.
Bitcoin is software. Totally solvable. Even for old wallets made with outdated methods. Relax.
If quantum computers are able to break ANY traditional encryption - it's going to be the smallest of humanity's problems.
Bank accounts would go first - often with much weaker encryption and much higher capitalization.
Then all Gmail accounts, custodial services, all kinds of apps, SWIFT, VISA, Mastercard, ATMs, your browser history, nuclear facilities, presidents' Whatsapps, physical access gateways, airports, car and airplanes autopilots. The whole internet, basically.
A bit like the final 5 minutes of Fight Club.
And even if there is a viable threat for any of those, Bitcoin would react in kind - by implementing quantum-resistant encryption.
Bitcoin is software. Totally solvable. Even for old wallets made with outdated methods. Relax.