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RE: The Quantum FUD of BITCOIN is now written on the wall - While IOTA sits pretty with no concerns at all
Some very good points made. Although quantum computers will yield immense processing power, due to the nature of programming such a beast, It is still difficult for one to replicate the processes of what a modern pc can do easily. There will hopefully be some warning before before all our cryptography is rendered worthless and thankfully the companies working on such technology, ie Google, are also working on Quantum resistant encryption. Interesting times ahead.
It always seems to me that every time we are told that a technology is such and such a time ahead in the future, then suddenly we are told it is just around the corner.
My biggest fear is for some sociopathic type person getting their hands on such technology- The question really is who will get it first - China?
When there is money under threat then people usually get their finger out and get things sorted out.
You know, when scientists, including Oppenhiemer, were going to test the first atomic bomb out in the desert, he was asked "What do you think will happen?"
His reply was; "Well we have come up with several outcomes on paper, but in reality we have no idea. We just have to wait and see"
I have a feeling quantum computing is a bit like that. We really dont know what will happened once we reach 50 or even a 100qubit computer.
Whatever the case. I think we are heading for dramatic times ahead.
Indeed, very interesting times to be living in @raptordashzero -
Thanx : )