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Showing 14 of 14 results by zatoshi_zakamoto
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Board Development & Technical Discussion
Re: Can Quantum Computer's destroy Blockchain and Bitcoins[SHA-256 specifically]
by
zatoshi_zakamoto
on 20/04/2022, 07:40:12 UTC
Quote
Where did you conclude that once SHA256 is broken, we'll upgrade to SHA384? If SHA256 becomes broken, which is a doomsday scenario, we shouldn't use neither SHA384 nor SHA512 as they all belong to SHA-2.

This is a very common misconception that people do when talking about the security threat of quantum computers to btc & co. The main issue is not about the encryption algorithm, but instead of signature algorithm as it was mentionned in the link.

If a paper says the threat is non existent or is centuries away, feel free to believe them. But ask the authors how much money they will bet on their timeline and I am happy to bet against them
Post
Topic
Board Development & Technical Discussion
Re: Can Quantum Computer's destroy Blockchain and Bitcoins[SHA-256 specifically]
by
zatoshi_zakamoto
on 19/04/2022, 02:44:53 UTC
Good luck. First, try to find 120-bit private key from transaction puzzle (or 64-bit private key with unknown public key and known address). There are many challenges that are far easier than regular 256-bit keys, and you will quickly see, how far we are from quantum computers if you try to break any of them.

feel FREE to keep betting against science and technology progress. You will indeniably end up on the WRONG side of history
Post
Topic
Board Development & Technical Discussion
Re: Can Quantum Computer's destroy Blockchain and Bitcoins[SHA-256 specifically]
by
zatoshi_zakamoto
on 18/04/2022, 11:56:36 UTC
Latest Quantum Computer available commercially - D-Wave Quantum Computer
Costs: $15,000 (That too un-configured for Bitcoin Mining, coding will cost additional man's salary)

Quantum Computer Operation: Well you will probably need a room or at least superconductors which would be cooling down your 2000Qubic chip down to the -273 degree celsium.

If you have money then it's fine, buying computer worth $15 million wont be big deal for you. The question is would you be able to maintain the temperature below zero degrees all the time? Imagine the power consumption required to do that one.

Forget about break even point, you wont be able to recover the yearly power consumption out of the bitcoin mining.

If you start to inject the market with heavy supplies of bitcoin, assuming you are mining 1000x others, then ideally the supply will easily fill up the demand and might reduce in the pricing.

For example, Supercomputer in China, named Tianhe-2 use 18 megawatts of electricity.

In conclusion even if we use it, it wont be beneficial at all.

that7s a very poor use case ... Instead, I will aim to hack all big wallets, starting with Satoshi wallet (980, 000 BTC) and other big wallets, then start dumping them asap ...
Post
Topic
Board Development & Technical Discussion
Re: Can Quantum Computer's destroy Blockchain and Bitcoins[SHA-256 specifically]
by
zatoshi_zakamoto
on 14/04/2022, 05:41:47 UTC
what do you think of the token $QANX ? QANPLATAFORM

they said to have a solution for this.

thanks!

you also have some mineable new blockchain based on NIST round 3 quantum resistant signature algorithms:
-Doge protocol https://dogeprotocol.org/
-Tidecoin https://tidecoin.org/
-Arielcoin https://arielcoin.org/

And QRL based on quantum resistant algorithm called XMSS:
https://www.theqrl.org/

start mining & accumulating till the day when quantum threat wipes out 99.99% of crypto systems (BTC, ETH, etc)
Post
Topic
Board Development & Technical Discussion
Re: Can Quantum Computer's destroy Blockchain and Bitcoins[SHA-256 specifically]
by
zatoshi_zakamoto
on 14/04/2022, 05:09:51 UTC
what do you think of the token $QANX ? QANPLATAFORM

they said to have a solution for this.

thanks!

If it's token, then they're lying since token only use existing cryptocurrency protocol/network.

It's NOT a token project. It's a brand new blockchain. True that it's being supported by a token right now. But according to their roadmap, token holders will receive native coins on the new L1 quantum resistant Qanplatform blockchain.
Post
Topic
Board Development & Technical Discussion
Re: Can Quantum Computer's destroy Blockchain and Bitcoins[SHA-256 specifically]
by
zatoshi_zakamoto
on 10/04/2022, 11:53:39 UTC
I don't think it can. At least, in the upcoming few years, I think Quantum computers are still too expensive for someone to try such thing. I remember to watch a video quite some time ago and the video was explaining how hard it is to keep the computer running smoothly, how much energy it would spend and how would it cost, like per day, or something like that. The numbers were alarmingly high and the technology needed to keep the computer running was also large.

A part from that, I think there are already people working on Quantum resistant algorithms for when that time comes!

it would clearly be a profitable operation to run a qc, hacking few 1000s of btc/eth, then silently dump them to the sheep saying "quantum threat is decades away blablablabla". you won't see it coming even if you know that it's coming. And at first, it's clear that no individual or small organization will have access to such infrastructure, but some state sponsored actors or  big tech corps (Google, IBM, Microsoft, etc) would
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Doge Protocol : post quantum blockchain with smart contracts support
by
zatoshi_zakamoto
on 30/03/2022, 17:38:43 UTC
SCAM ALERT  Huh Huh Huh Huh Huh

-Token was publicly announced on Sep 13, 2021.
-Token was created on Sep 1, 2021.

But when looking at the transfer history (download the csv for all transfers at the link below), we can clearly see that the INSIDERS used almost the first 2 weeks to line up their pockets.

https://etherscan.io/token/0xe7eaec9bca79d537539c00c58ae93117fb7280b9

1) HOW CAN YOU CALL THIS A FAIR LAUNCH?Huh?
2) WHY DIDN'T YOU make the public announcement on Sep 1, 2021 as well???

Such practice is clearly a very big red flag which signal a rug pull ...

To clarify, Public Announcements were made on May and then again on August and many more updates leading into Sep 1. BitcoinTalk is only one of the various social medias and not the only one.  Please see other social medias.

1) Twitter announcement was may as far as May 2021 and then again on August 1 with various updates leading to the launch on Sep 1.
2) The original Telegram was a channel in which announcements were made on August 1 with various updates. (t.me/DogeProtocol) (the group was created to enable discussions later on based on feedback)
3) Website launch details in DogeProtocol.org with announcement dates can also be reviewed in Archive.org (WayBackMachine)



Bitcointalk is the largest forum for crypto. What else platform did you use for public annoucement with larger crypto community than here?
And the fact that you choose to make an announcement here almost 2 weeks after launch, and seeing the initial transfers done at the early stage of launch clearly supports my argument that THIS IS NOT A FAIR LAUNCH AT ALL. Instead a 'smart' way for insiders to load their bags and then dump them on the unsuspecting public later. Look at the chart of the coin: it shows symptoms of rug pull ...
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ARWN] Arowanacoin - A Post-Quantum Security CPU coin with Falcon
by
zatoshi_zakamoto
on 30/03/2022, 17:26:21 UTC
is this coin alive?
how to do local solo mining? i  rceive a connection refused error to http:127.0.0.1: ...
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Doge Protocol : post quantum blockchain with smart contracts support
by
zatoshi_zakamoto
on 30/03/2022, 08:29:38 UTC
SCAM ALERT  Huh Huh Huh Huh Huh

So this token was announced on Sep 13, 2021. But when looking at the transfer history, we can clearly see that the INSIDERS used almost the first 2 weeks to line up their pockets.

https://etherscan.io/token/0xe7eaec9bca79d537539c00c58ae93117fb7280b9

1) HOW CAN YOU CALL THIS A FAIR LAUNCH?Huh?
2) WHY DIDN'T YOU make the public announcement on Sep 1, 2021 as well???

Such practice is clearly a very big red flag which signal a rug pull ...
Post
Topic
Board Development & Technical Discussion
Re: Can Quantum Computer's destroy Blockchain and Bitcoins[SHA-256 specifically]
by
zatoshi_zakamoto
on 27/03/2022, 06:25:17 UTC
*** Q-DOOMSDAY IS ARRIVING FAST ***

1M qubit quantum chip by 2024. All these fallacies "we are decades away" should be put to rest very soon enough

Wafer Scale Quantum Chip Prototype Delivers 1M Qubits by 2024
By Francisco Pires published about 13 hours ago

It is a quantum renaissance for fabrication industries from a 2-qubit computer in 1998 to 1 million by 2024.

https://www.tomshardware.com/news/wafer-scale-quantum-chip-prototype-delivers-1m-qubits-by-2024
Post
Topic
Board Development & Technical Discussion
Re: Can Quantum Computer's destroy Blockchain and Bitcoins[SHA-256 specifically]
by
zatoshi_zakamoto
on 24/03/2022, 02:09:29 UTC
you really have to love the amount of wishful thinking regarding quantum computer and its threats to btc.
the attitude I read here is like knowing a tsunami alert was raised, the ocean is retreating and still beachgoers are standing watching and want to see the first big wave before running for their lives  Grin Grin Grin Grin Grin

to each his own exit strategy ...
Post
Topic
Board Mining (Altcoins)
Re: Time to mine quantum resistant cryptocurrency--Tidcoin(CPU)
by
zatoshi_zakamoto
on 24/02/2022, 04:15:32 UTC
IOTA is not quantum resistant at all
Post
Topic
Board Development & Technical Discussion
Re: Quantum computers to crack SHA256 - when will that become reality?
by
zatoshi_zakamoto
on 21/02/2022, 08:09:41 UTC
I can't believe the amount of wishfull thinking about this topic. a bunch of ignorant just hoping that the inevitable does not happen. lmao.
We are in 2022, and more than ever quantum computing is a closer threat to all crypto then few years ago