Post
Topic
Board Bitcoin Discussion
Re: What will happen if quantum computer owners start to move the early mined coins?
by
newBTCdecade
on 23/01/2020, 15:48:54 UTC
We are getting closer:

The boss of Google has warned that quantum computers will be able to break encryption within as little as five years, signalling the growing threat to privacy such technological advances.
https://www.telegraph.co.uk/technology/2020/01/22/googles-sundar-pichai-quantum-computing-could-end-encryption/
"In a five to ten year time frame, quantum computing will break encryption as we know it today."

@ developers: When will we implement quantum computer resistant addresses?
@ satoshi: You filled the blockchain with your early mined coins and the quantum transformation will be very interesting. Who will get the most coins?

https://www.digicert.com/resources/industry-report/2019-Post-Quantum-Crypto-Survey.pdf
Slightly more than half (55 percent) say quantum computing is a “somewhat” to “extremely” large threat today,
with 71 percent saying it will be a “somewhat” to “extremely” large threat in the future.