Nostr Web Client

Once again for the back of the class. If bitcoins cryptography is broken, society ends. Bitcoin uses standard cryptography used everywhere for everything. Ammo and gold bars will be the money of choice in that world.

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Rich Nost 2w ago

It's much easier to turn a centralized ship with a motivated crew away from the iceberg. This is why NIST already has a schedule for federal systems to switch to qauntum resistant cryptographic systems by 2030.

Bitcoin has no such command-and-control conveniences.

I'm not saying we should give into panic and immediately demand forks that blow out transactions with giant QR signatures that force us all into immature 2nd layers or custodial systems (because that is what will happen), but it warrants an erudite discussion with very public communications about what the options, the tradeoffs, and the realistic schedule are. Are, no, Nic Carter and Saylor aren't going to be dictating the agenda.

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Discussion

Bill Cypher 2w ago

All of this requires belief that quantum computing is a real threat. Last time I mentioned quantum theory half the people who responded wanted to tell me that the whole theory is bullshit but yet they are scared of quantum computers.

I believe in quantum theory but that is a far cry from believing that someone is going to visit an alternate universe where they successfully guessed my keys, get my keys, then come back to this universe bringing the answer, then spend my coins.

Rich Nost 2w ago

I think the big table debate is currently about what a "real threat" means and what our time tables are. Obviously, you have the clout-chasers and the VC's with venal interests, but beyond that, there is a discussion of how many years we have.