Post
Topic
Board Bitcoin Discussion
Re: Did Satoshi think that quantum computers will exist?
by
pawanjain
on 18/02/2020, 15:30:19 UTC
Satoshi has mined the most coins.
In 2010 they were talking about lost coins and Satoshi said

Quote
Think of it as a donation to everyone.
https://bitcointalk.org/index.php?topic=198.0

1. He thought the coins are lost forever and we have a lot of 'shalecoins' https://bitcointalk.org/index.php?topic=5134441.0 and they will become active one day

or

2. Satoshi created the greatest prize competition and the privatekeys are somehow within the blockchain. https://bitcointalk.org/index.php?topic=5150688.0



1. Yes, with quantum computers they would become active. Did Satoshi think that quantum computers will exist?


I think we should know what is the quantum computers first? And I think this video is the most understanable information way.

https://www.ted.com/talks/shohini_ghose_quantum_computing_explained_in_10_minutes?utm_campaign=tedspread&utm_medium=referral&utm_source=tedcomshare

If you know what is the quantum computer now. Then you may understand it is not possible to know this things 10 years before.
I saw the whole video and now I have a doubt. The host said that quantum computer can be used to create private keys.
If that's possible then I believe quantum computers can also be used to hack the private keys of other users.
This will make the bitcoin network very vulnerable and hence will break the network eventually by creating a panic in the market.