Post
Topic
Board Bitcoin Discussion
Re: Do you think quantum computers would break Bitcoin's security?
by
amazon4u
on 17/04/2015, 01:51:34 UTC
It doesn't need to be able to break the algorithms, it just needs to be able to search directory.io.

Well, sorry to disrupt the techies at work but anyone got time for a history lesson ?


first personal computer : IBM

Release date    August 12, 1981; 33 years ago
Discontinued    April 2, 1987
Operating system    IBM BASIC / PC DOS 1.0
CP/M-86
UCSD p-System
CPU    Intel 8088      @ 4.77 MHz
Memory               16 kB ~ 256 kB
Sound                1-channel PWM




so 33 years ago we were doing 4.77mhz and a 256kb memory was more than enough for anybody...I think we should expect big things in the near future....quantum computers are definitely coming and standard encryption as we know it will go the dinosaur way.....along with it many other things that we consider untouchable today (Bitcoin included)...


the sad part is that by the time a private company would have quantum computers for sale, the NSA/GCHQ would've had years in advance of scorching the net with qbits...who is to say they aren't doing it already ?

http://www.washingtonpost.com/world/national-security/nsa-seeks-to-build-quantum-computer-that-could-crack-most-types-of-encryption/2014/01/02/8fff297e-7195-11e3-8def-a33011492df2_story.html