Do you believe it will be the end of $BTC? Because I do. Honestly, I see it as the biggest risk of holding Bitcoin and the only option by which it can plummet to nearly $0 in a day.
There is a bitcoin miners proposal for a cipher upgrade at the ready. I think the consensus was AES-256 was enough. But they are ready to move forward with an upgrade if it gets close or an attack is demonstrated. 70% of miners last i heard.
So I think the price would take a hit, we’d split the chain, but long term survive. But it could be an event big enough to break trust, or go 5050 and break down..
interesting convo going on here - I haven't looked into all of this, the only thing I know is that crypto is at risk too but mitigations for that are also on the way - so, I think it's just people hyping that quantum is gonna break crypto.
Outstanding work. Your article in Quantum domain is very impressive and you maintain the sequence from historical foundation to modern quantum computing system in a very captivating way. Connections are good.
Being a teacher of physical chemistry, I suggest you to continue your efforts and do more work on modern computing applications and enhance your studies upto quantum dots and beyond. .
Thank you for all the warnings about algorithms and AI. They don't apply to me because when I am in any 'shadow' is where my soul is at prayer. So, there's nothing to be afraid of, is there?
To be honest, most of the people who read this organically; might already be well equipped to stay safe on the internet. But the goal here is for you to share this knowledge and pass it forward to those who might not be.
Outstanding work. Your article in Quantum domain is very impressive and you maintain the sequence from historical foundation to modern quantum computing system in a very captivating way. Connections are good.
Being a teacher of physical chemistry, I suggest you to continue your efforts and do more work on modern computing applications and enhance your studies upto quantum dots and beyond. .
More attention more article on quantum is also great keep going
Thanks for the comment : )
“On the other hand, a qubit (short for quantum bit) is the quantum version of a bit.
But unlike a classical bit, a qubit can be 0 and 1 at the same time - a state called superposition.”
As a geek for this field, I’ve watched so many documentaries on qubits and superposition. It still is so interesting to me.
Great post.
Thanks : )
Great article! I find quantum technology exciting, especially due to its impact on current cryptographic algorithms.
The excitement and dread of they burst through a quantum development will be tangling. Good bye PKI and BTC lol.
Let’s get those quantum resistant algorithms going!
Do you believe it will be the end of $BTC? Because I do. Honestly, I see it as the biggest risk of holding Bitcoin and the only option by which it can plummet to nearly $0 in a day.
There is a bitcoin miners proposal for a cipher upgrade at the ready. I think the consensus was AES-256 was enough. But they are ready to move forward with an upgrade if it gets close or an attack is demonstrated. 70% of miners last i heard.
So I think the price would take a hit, we’d split the chain, but long term survive. But it could be an event big enough to break trust, or go 5050 and break down..
Interesting. Thank you for your opinion. It’s something I really think about lately.
It’s worth some thought especially if you have any bitcoin! It’s on my mind :)
interesting convo going on here - I haven't looked into all of this, the only thing I know is that crypto is at risk too but mitigations for that are also on the way - so, I think it's just people hyping that quantum is gonna break crypto.
Outstanding work. Your article in Quantum domain is very impressive and you maintain the sequence from historical foundation to modern quantum computing system in a very captivating way. Connections are good.
Being a teacher of physical chemistry, I suggest you to continue your efforts and do more work on modern computing applications and enhance your studies upto quantum dots and beyond. .
Thanks for the kind words. We have done other deep dives on such topics as well, feel free to check em out here -> https://www.sknexus.org/t/deep-dive
Thank you for all the warnings about algorithms and AI. They don't apply to me because when I am in any 'shadow' is where my soul is at prayer. So, there's nothing to be afraid of, is there?
To be honest, most of the people who read this organically; might already be well equipped to stay safe on the internet. But the goal here is for you to share this knowledge and pass it forward to those who might not be.
Thank you for your reply. That is exactly what I am doing.
There's nothing to be afraid of - just being aware is the point.
Great article… fascinating info and easy for layperson to understand. Thank you
That was the goal! Happy it connected with you.
That was the goal.
I am glad you liked it!
And thanks for the comment : )
This might just be the best post on substack I have ever READ!!
High Praise! Thank you!
I am glad you liked it : )
Outstanding work. Your article in Quantum domain is very impressive and you maintain the sequence from historical foundation to modern quantum computing system in a very captivating way. Connections are good.
Being a teacher of physical chemistry, I suggest you to continue your efforts and do more work on modern computing applications and enhance your studies upto quantum dots and beyond. .