Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
Hueristic
on 17/11/2015, 15:39:24 UTC

Sergue, have you ever worked on engineering bio-weapons?

No, that's another guy with the same name. If you continue searching, you'll find a famous violinist as well - that's not me.  Smiley

Thx, Could you link your academic background please?

I've been wondering when this would be addressed. Applicable QC is alot closer than people realize.

Sergue, have you ever worked on engineering bio-weapons?

Also I don't quite see the rational for the need to create a completely different method as opposed to changing to a QC resistant algorithm such as polynomial.

https://en.wikipedia.org/wiki/Post-quantum_cryptography
http://csrc.nist.gov/groups/SMA/ispab/documents/minutes/2015-06/ispab_june-11_quantum_lchen.pdf
https://www.cs.elte.hu/blobs/diplomamunkak/msc_mat/2012/nemes_antal.pdf

Could you rephrase the question?

Are you wondering why we did the Tangle instead of Blockchain?

I am wondering why the need to replace the blockchain at this time. I am not sold on the idea that yet another coin (token ATM) needs to be created in order to solve the only serious issue I see with current solutions. I am also wondering if current solutions can be upgraded to this tangle with a fork? I understand that alot of work has obviously been put into this effort but I can see a few other methods to monetize this than the creation of yet another coin. Why not propose to the larger Alt projects they morph into this tangle for a fee and use them as a testbed to prove to bitcoin that this would be a hard fork worth pushing. If this were accomplished I see the funding flowing and the infrastructure will not have to be built from the ground up. I am still trying to digest the whitepaper (the math is beyond me) so could you list the bullet points for the advantage/disadvantages v/s blockchain tech.

Also
Quote
that  one  needs  to  check  in  order  to  nd  a  suitable  hash  for  issuing  a  transaction
is not so huge, it is only around 3
8
.  The gain of eciency for an \ideal" quantum
computer would be therefore of order 3
4
= 81, which is already quite acceptable (also,
remember that (
p
N
) could easily mean 10
p
N
or so).  Also, the algorithm is such
that the time to nd a nonce is not much larger than the time needed for other tasks
necessary to issue a transaction,  and the latter part is much more resistant agains
quantum computing.
Therefore, the above discussion suggests that the tangle provides a much better
protection against an adversary with a quantum computer compared to the (Bitcoin)
blockchain

Saying the time is not much larger is not quantitative. Bloat and TTC are subjective. I'm glad you added the qualifier "Suggests" as I do not see it proven but like I said I cannot follow the math, that is for smarter people than me. Smiley

Typo in red.

Goddamn I hate quoting from PDF's why do you people continue to use them? Stinking browser plugin failed and I lost all those tabs in the window with the PDF. PDF's are unsafe.

ANYTHING ADOBE IS UNSAFE!!!!


I finish redoing this later as I have to flush the cache and remove this browser from memory to recover stability and I have pages to backup before that.