Unpopular opinion: Quantum is a bigger threat to Bitcoin than spam, and the community should be putting in more energy and time into quantum resistance than the knots/core drama

Reply to this note

Please Login to reply.

Discussion

This is a good video to watch to better understand the impact of quantum on sha256. Its only a square root speedup - still incredibly hard to break.

https://youtu.be/RQWpF2Gb-gU?si=sUTu3PrlqiPaOmWU

Insane that bitcoiners can be so short sighted. I always find it ridiculous when pumpers proclaim bitcoin will be around for the next thousand years, when we don't even have a quantum resistant system yet.

What if it’s the physicists that are short sighted? And the quantum computer has been running for the last 16 years and everyone just thought it was a peer-to-peer electronic cash system without ever learning what that means through the lens of physics.

What if.

Not unpopular with me, i have been thinking about this a lot. Furthermore, we may get there exponentially faster than anybody realizes when combined with an AGI designed quantum computer. This should be priority #1, not "wE doNt neeD to WOrRy abOut QuaNtum foR a DEcaDe."

I never hard of that. For those non-tech dummies like me, I put this through Venice AI and this is what I got on Quantum computing.

"Quantum computing is a type of computation that uses quantum-mechanical phenomena, such as superposition and entanglement, to perform operations on data. Unlike classical computers that use bits to process and store information as 0s or 1s, quantum computers use quantum bits, or qubits. Here are some key concepts:

- **Qubits**: The fundamental units of quantum information. Unlike classical bits, qubits can be in multiple states at once, thanks to a property called superposition. This allows quantum computers to process a vast number of possibilities all at once.

- **Superposition**: This principle allows qubits to be in a combination of both 0 and 1 states simultaneously. It's what gives quantum computers their massive parallel processing power.

- **Entanglement**: This is a phenomenon where qubits become correlated in such a way that the state of one can instantly affect the state of another, no matter the distance between them. Entanglement is a crucial resource for many quantum computing algorithms and protocols.

- **Quantum Gates and Circuits**: Just as classical computers use logic gates to manipulate bits, quantum computers use quantum gates to manipulate qubits. A sequence of quantum gates makes up a quantum circuit, which performs a specific computation.

- **Quantum Algorithms**: These are algorithms designed to run on quantum computers. Examples include Shor's algorithm for factoring large numbers (which has implications for cryptography) and Grover's algorithm for searching unsorted databases.

- **Quantum Supremacy/Advantage**: This refers to the point at which quantum computers can solve problems that classical computers practically cannot. It's a milestone that signifies the potential superiority of quantum computing for certain tasks.

Quantum computing has the potential to revolutionize fields like cryptography, optimization, material science, and drug discovery by solving complex problems much more efficiently than classical computers. However, building stable and scalable quantum computers is still a major challenge."

Why not put energy in both.

Any issue about the future of #bitcoin is a concern.

And core/knots drama have bring interesting discuss about spam, impact on nodes owners, miners way to earn fees, ...

it is also important, if you don't want a shitcoin in future or just not be able to do a BTC transaction because it's not enough profitable to put your BTC transaction in the blockchain.

It have just raise questions and answers to them which is sane.

What do us left curves have to offer the quantum resistance issue? The math people need to figure it out first. You are trying to make water flow uphill without a pump.

Why choose one bad thing to solve over another? Do both.

Agreed, but the real threat is estimated to be about 10-20 years out.