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I have a question!
I vaguely heard that if quantum computers were to be developed, Bitcoin's Blockchain Technology encryption could be decrypted. With Bitcoin's continuous rise, does that mean the issue has been resolved?
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NOsss : It's a future threat. But indeed, there is an optimistic mood now. It seems like there is not much of a significant impact.
KohaShui : In Bitcoin and Avalanche's X/P Options Chain, the resistance to quantum attacks is maintained by not directly disclosing the public key.
Avalanche's network speed allows only about 1 second of attack time, and with current quantum Computer technology, it is said that cryptography cannot be decrypted in this short time.
As mentioned in the article.
What is the impact on cryptocurrency encryption technology? Google announced the quantum Computer chip 'Willow'.
パワシュウ : Just
If you can do that
The Bank's cash card will be compromised in an instant
The Bank's cash card is easier, right? Haha
yyyyuuuu kkk : By the way, if it is possible to hack cryptocurrency, it is easier to hack the traditional financial system and more valuable.
Cryptocurrency is like clearing a challenging dungeon with little reward.
ジュウスドイット OP KohaShui : Thank you for your valuable comment
ジュウスドイット OP パワシュウ : Is that so!
ジュウスドイット OP yyyyuuuu kkk : I see