Quantum Computer Does Not Threaten Bitcoin
The researchers said that in the process of developing quantum computers and improving hardware mining, they found that the idea that quantum computers pose a threat to Bitcoin is simply nonsense.
In an article by the American Institute of Economic Research (AIER), the editorial director, Jeffrey A. Tucker, elaborated on the quantum computer that he said was a threat to Bitcoin. Tucker is a writer with a lot of experience in publishing. He is dedicated to analyzing research in the fields of economics, technology, social philosophy and culture.
He first pointed out that any potential threat of operating systems can be solved.
Explaining whether quantum computers pose a threat to Bitcoin, research teams from universities in Singapore, Australia, and France pointed out in the paper that "all the talk about quantum computers threatening Bitcoin is alarmist and misleading. Sex." Practice has also proved that Bitcoin has not experienced any problems since last year.
The paper, entitled "How Bitcoin Protects Against Quantum Attacks," points out that the current speed of ASICs handling hashcash PoW (work proofs) can offset any advantages quantum computers may have. Moreover, in making substantial improvements to quantum computers, the mining processors will gain enough energy to offset their speed advantage again.
"Using Grover Search [Gro96], a quantum computer can perform hashcash PoW by performing a hash less than that required by a classic computer. However, the current limit speed of ASIC hardware dedicated to executing hashcash PoW, plus the current quantum architecture The projection door speed is much slower than before, and the current level of difficulty is essentially negative acceleration, which makes quantum computers have no advantage. The future of quantum technology will make the speed reach 100GHz. This allows the quantum computer to solve the PoW problem 100 times faster than the current technology.However, in the next decade, this kind of development is impossible, by then, the traditional hardware may be much faster, and the quantum The technology may be so extensive that there isn't a single quantum enabler to start controlling the PoW problem.”
In this paper, the researchers explored the dynamic mechanism, which is an alternative proof of working mechanism to relieve the quantum computer. Any perceived risk. They said that quantum computers "are more resistant to accelerated performance."
The development of quantum computers is very slow. On the one hand, physicists have not fully understood the physical principles behind quantum particles. They do not follow the laws of classical physics and are therefore very clumsy and sometimes unpredictable. Even Einstein hates dealing with all quantum. Although people of quantum computers and for block chain FUD of the hype, but to fully realize its function to produce consumer-oriented building also fell far short.