We just saw a demonstration of Google's newest quantum processor. It solved a benchmark equation that would take our fastest binary computers 10 septillion years to solve (longer than the age of the universe) in 5 minutes. Do you really not anticipate the progress that will be made in 5-10years, as quantum computers become commercially available? And once they're commercially available, they can be used for nefarious purposes by nation-states as well as private buyers. The time when these machines are potentially available to bad actors is coming.
Discussion
The "benchmark equation" is very different thing to modern cryptography. Have you read the follow up articles addressing it?
That's irrelevant. The point is that a time is coming when quantum computing will pose an existential threat to the blockchain, and so the only smart response is to start planning how to upgrade the blockchain's encryption now. Because the more time we have to devise a solution, the better and more smoothly that upgrade will be.
The solution is already known I think l. Using a different encryption algo. If it was an urgent issue, more plans would be in motion.
Take a look at this study that evaluated methods of upgrade, and the time different strategies would take.
That's a convenient way to dismiss information you don't agree with. Do you have any evidence that the study I provided on how to go about upgrading the blockchain encryption is tainted, or flawed, or in some way inaccurate as a result of some alleged thirst for funding? This study didn't even make any predictions. It was just a study on methods to upgrade the blockchain
I would say efficient rather than convenient. There's too much information in the world to be an expert on and understand everything. The next best thing is to look at the incentives and actions of people who actually have skin in the game.
Ok, this conversation has gotten really dumb, and there's no point in carrying on. I'm just going to bow out at this point.