Post
Topic
Board Bitcoin Discussion
Re: ToominCoin aka "Bitcoin_Classic" #R3KT
by
RealBitcoin
on 16/05/2016, 09:47:34 UTC
1) A flaw could be discovered in the encryption or a way to calculate much faster (as an example).
2) People said that a lot of things were impossible, and look where we are now. I'd rather not rely on speculation (if you know what I mean).
3) Sure, some of them are FUD attempts but surely not from theymos.

1) Yes that is possible, but that doesnt need a quantum computer to happen. Many mathematicians are cryptographers and test the functions all the time, so if there is a weakness in the bitcoin encryption, it could pose a danger. But we have no evidence of such things for now. So at this points it's a hypothesis, and has nothing to do with QC.

2) Yea but this is like the limit of technology we are poking here. Manipulating quantum systems is way too much power anyone can have. If it's possible then those people will get godly powers, and at that point bitcoin would be the least of our concerns. Like imagine if teleportation of complex matter (humans) were possible, how would that change the human society? Anyone can just teleport inside anyones house and rob it...

QM says that teleportation is possible, but the difficulty scales up exponentially as the matter gets more complex, therefore the probability tends towards zero.

The same thing with QC, the probability of a more complex QC with more qubits decreases exponentially, and probably the 5-6 qubit setup is the limit people can achieve, maybe a few more, but definitely not giga setups.

3) I never said it was from him. It's coming from some random reddit and forum users.