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 wonder why people like to think that bitcoin will die? I don't believe on someone's prediction, because bitcoin itself is predictable. Whether or not quantum computers used, bitcoin stand still with blockchain today, and quantum computers may be used but we don't even know whether it is really good or not. Focus on what you have today, stop speculating things out.