Quote from: Wintersoldier on December 02, 2019, 04:18:12 AM

Quote from: Bitxmiexchange_official on December 01, 2019, 06:25:10 PM

Nah Google doesn't pose a threat. Developers have realized the problem. The other day I was talking to an ex-BTC developer who said that the devs have already started looking into quantum resistant hashing. In a year or 2 we should start seeing the early versions of quantum resitant cryptogrpahy

In the first place it doesn't mean when we say quantum computing power, means powerful decryption of secured passwords. Quantum computers have their massive computing difference to the computing algorithms or patters we have on our pc which primarily responsible in encrypting and decrypting cryptocurrency. In addition, the hashing algorithm such as SHA256 is quite strong enough, though, there is a possibility it could be compromised by the quantum computers, but there are restrictions that quantum computers need to conform which make the cryptocurrency invulnerable to them.

True currently quantum computers are like the ENIAC in the 1930s, but as technology progresses SHA256 will feel the pressure. It won't happen overnight, but 20 - 30 years of research can do something. We have to be prepared for everything.