Archived Bitcoin security threatened by quantum computers, say cybersecurity experts (technologyreview.com)
submitted ago by TheBuddha
Posted by: TheBuddha
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Archived on: 2/22/2018 10:00:00 AM
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Archived Bitcoin security threatened by quantum computers, say cybersecurity experts (technologyreview.com)
submitted ago by TheBuddha
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[–] obvious_throwaway1 0 points 1 point 1 point (+1|-0) ago (edited ago)
If you really want to go down the rabbit hole, combine the basic block-chain cryptography of data encapsulation and transportation, then add Quantum-level computational advancements to the encryption itself, and suddenly you have something which transports EXTREMELY high amounts of secretly-encapsulated data every 10 minutes and uses a fraction of a fraction of a fraction of the potential for the actual updated ledger of information.. to put it simply, imagine a train that spans from here to Pluto, but only a microscopic spec of dust sitting on the floor of the caboose has the updated ledger information being transported on it.
Think of what could be done with that remaining space, and you begin to understand why even today some data scientists are poking around on the Bitcoin blockchain suspecting it may contain the primordial stages of a rogue AI.
[–] TheBuddha [S] 0 points 1 point 1 point (+1|-0) ago
My current mental rabbit hole is quantum computing's impact on HTTPS and other forms of encryption that are currently believed to be resistant to brute force cracking/key determination. The math is what interests me most.
[–] obvious_throwaway1 0 points 1 point 1 point (+1|-0) ago
Given that the following:
I would suggest it's safe to say that modern encryption has been successfully backdoored from it's conception.
[–] ADaniels ago
Exactly, blockchain will evolve.