Post
Topic
Board Development & Technical Discussion
Merits 2 from 2 users
Re: Game theory involving Quantum Resistance protocol
by
squatter
on 22/10/2019, 17:57:55 UTC
⭐ Merited by vapourminer (1) ,Carlton Banks (1)
I personally don't bother too much just because if someone Google, 3 letter agency or even aliens will come up with a quantum computer satoshi's funds will be the last thing that we'll need to worry about.
Just think about all the "password protected" (encrypted) things that are out there, like: financial system servers , electricity servers, medical care servers, airplanes servers, nuclear missile codes. These are things much more valuable and important than 1M bitcoins.

How about in a decade or two, when Bitcoin's market capitalization might be in the trillions, or tens of trillions? Valuable enough?

We're also talking about much more than 1 million bitcoins. It's 5 million+ that have exposed public keys and theoretically the entire supply if QC is capable of breaking transactions in flight.

Centralized infrastructure also requires far less coordination to secure. In a zero-day situation, governments and banks could react far more effectively than the decentralized Bitcoin network ever could. If QC broke ECDSA in the wild today, I don't think Bitcoin would ever recover.