I didn`t claim to have any knowledge or expertise on quantum computer; I am just curious about the industry and how beautiful they are bringing technology from our current state to the future.
However, this topic may supply ideas about how quantum worked as it is. Well to summarize its ultimate function here`s the first, traditional computing bits are in a state of either “0” or “1”, which mean it cannot solved easily the problem. With quantum computer, both 0s` and 1s` are working simultaneously, making it possible to solved problems with multiple probable solutions, this is called “quantum superposition”. This is in fact the science of quantum physics.
As I`ve do the math
in google, I found out that it can really poised risk on certain features which is underlying on blockchain technology to mostly in its minimal, to mention few are “How Private Addresses might compromised its encryption and mining capabilities”.Well, forget about adresses because it is prone to hack but to mining industry, its risky knowing super computer with huge computing power can do the algorithm faster than the actual mining state. If one miner can gain access to quantum computer, they could produce hashes very quickly and gain dominance, leaving the network exposed to 51% attack.
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Self Reflection
Which off-course, on my views could possibly be risky, however, given that bitcoin developers are not behind of such technology - perhaps "quantum resistant encryption scheme" might work...
My opinion on this :
• It is not just blockchain which is going to suffer tremendously because of these computers of used incorrectly , it's also the government websites , banks , big institutions , therefore what I know is that the government will for sure look forward to regulate it somehow .
• It is expensive to own one therefore it won't be that much of a problem right now but the problem will be in the future when the computers might become affordable , this is what happens when we talk about technologies and all , over the time they are reinvented in a way which actually makes them more common and affordable therefore we do have time to make some adjustments in the Blockchain technology right now . The developers should take into account.
•Now above all what matters is your personal protection , you have to make sure that , you take care of what kind is apps you are installing , where you are storing your Bitcoins.. lot of things , one needs to be as safe as they can even a little bit of carelessness from the user side might be a night of party for a hacker 😂 , don't worry people I do think we are going to see some restrictions regarding the new quantum computers , no way government is gonna let this slide .