Hey, guys. This year I became seriously interested in quantum computers. I came across here a study of Australian and Singaporean scientists about the security of Bitcoin:
https://arxiv.org/pdf/1710.10377v1.pdf There are a lot of figures and formulas in the report, I haven't understood everything, but the main idea I've caught is that if Bitcoin doesn't implement post-quantum algorithms, it won't survive until 2027.
Currently, I'm thinking hard about how I could minimize the risks - all of the sudden, it may be true about quantum computers. What do you think, guys?
Maybe, there are already some projects that make a crypto with post-quantum protection? I think it should be implemented in Bitcoin blockchain
I don't want to talk about something that still on far away from us, and I am sure that if that thing happens, the bitcoin will evolve and transform to something better. We still need time before we can see what bitcoin looks in the future because bitcoin itself still grow every day and there are many people doesn't know about bitcoin. But I am sure that bitcoin can handle that things and even bitcoin will give something good for the user, so I don't have to worry about that.