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BREAKING: Vitalik speaks on quantum computing - how will eth handle quantum resistance - how will bitcoin handle it - what happens to satoshi’s 1 million coins. Will satoshi have to move them or will a hacker steal them? MUST WATCH

183,454 görüntüleme • 1 yıl önce •via X (Twitter)

11 Yorum

Harv profil fotoğrafı
Harv1 yıl önce

"If we go in that direction". Glad they are working on it, but the solution still isn't defined, nor built. $QANX knew to prepare years ago. A clean solution from block 0 Build on ANY language, not just Solidity Only chain that will offer great utility while being both fully ethereum compatible with cross signing so you can keep your existing wallets.

Dan Ryder - primedefi.com profil fotoğrafı
Dan Ryder - primedefi.com1 yıl önce

The case for Bitcoin: How does Bitcoin mining work?

🔮 Alts Krieg 🔮 profil fotoğrafı
🔮 Alts Krieg 🔮1 yıl önce

$eth can be safe. But only one thing must be done. $eth 🤝 $cell. Cellframe is layer0 too and can connect with #ethereum. If it will be done, $eth can be safe before #willow and others #quantumcomputers.

Ian Smith profil fotoğrafı
Ian Smith1 yıl önce

If the core devs don't upgrade their SSH keys and public/private authentication to git, a quantum attacker can just replace the bitcoin code with whatever arbitrary code they chose. Are we going to trust Bitcoin Core source code to arbitrary attacks as well, or are they going to embrace quantum resistant authentication methods?

Felix ll $QANX profil fotoğrafı
Felix ll $QANX1 yıl önce

The answer is obvious, hackers could still 1m BTC in no time. Also, to be quantum resistant it requires to be just like that from the beginning (from block 1) Most will not be secure. I know #QAN has been building solutions for quantum threats for years, and it's almost ready.

$QANX 🔥Alex Patinson $TARA profil fotoğrafı
$QANX 🔥Alex Patinson $TARA1 yıl önce

You know that #QANPlatform $QANX already working on this solution right? A private blockchain is already out, and the public one is just around the corner.

LeonardasDream profil fotoğrafı
LeonardasDream1 yıl önce

10x less efficient as stated by @VitalikButerin with solutions to the upcoming problem. That’s why @cellframenet architecture makes it super fast & SCALABLE. Must watch to recognise why $CELL has first-mover advantage over most.

Crypto Analysis profil fotoğrafı
Crypto Analysis1 yıl önce

If they can hack bitcoin, they can hack anything like major financial institutions. There’s bigger issues than just Bitcoin.

Yar Sawyer profil fotoğrafı
Yar Sawyer1 yıl önce

@tidecoin is Post Quantum secure from genesis. Falcon512 NIST approved signatures. 21M total supply, PoW, 1min blocks Basically upgraded Bitcoin.

Nefes Kaya profil fotoğrafı
Nefes Kaya1 yıl önce

A wave of possibilities starts with $CELL 😋

Grace $BNB $QANX $AZERO profil fotoğrafı
Grace $BNB $QANX $AZERO1 yıl önce

$QANX is cooking a lot in the quantum sector. I think it's time to check that out. I mean, if it's good for IBM it's good for me too

Benzer Videolar

BITCOIN RAILS EPISODE #18: MAKE BITCOIN QUANTUM RESISTANT | with BIP360 author Hunter Beast Hunter Beast 🕯️ Quantum computing is a complicated topic—one that incites equal amounts of fear and skepticism depending on who you talk to… especially in Bitcoin. In this episode, BIP360 author Hunter Beast wisely shares why the “truth is likely somewhere in the middle,” citing incremental advancements in quantum computing that may eventually pose a legitimate threat to some Bitcoin addresses—as well as steps we can take to protect ourselves in the short, medium and long term. The correct posture is to “be prepared, not scared,” says Hunter Beast 🕯️ Ultimately, the introduction of quantum resistant cryptography—via proposals like BIP360—will be needed for higher degrees of security. That said, individuals can mitigate personal risk substantially through proper address-use hygiene. This episode breaks down the specific challenges Bitcoin will face in the event of a quantum attack, the likelihood of an attack over time, and the steps we’ll need to take at the individual and communal level to ensure Bitcoin’s safety. This episode includes detailed discussion of: 1) How quantum computing could potentially affect Bitcoin public/private key cryptography—and technologies built on vulnerable addresses (e.g. Taproot) 2) Best practices for protecting yourself against quantum in the short and long term 3) Implications of vulnerable address types—e.g. what about Satoshi’s coins? 4) Deep Dive into BIP360 + proposed long-term solutions 5) Industry roadmaps for quantum computing + how banks and governments are preparing for “Q Day” As always, this episode can be viewed on Spotify or YouTuve—full episode in the comments or linktree in my bio. This episode is powered by Best In Slot—the leading API for Ordinals and BRC20 data aggregation and indexing. TIMESTAMPS: 00:00 Intro 02:05 What is quantum computing? 04:30 How could quantum threaten your Bitcoin wallet? 06:50 Addresses that are safe from quantum 09:13 Satoshi’s coins are in danger! 11:25 What happens if Satoshi’s coins are touched? 14:45 Do we softfork to shield Satoshi’s coins? 16:38 “Transitory inflation” for bitcoin after quantum 21:05 Why Taproot addresses are vulnerable 23:50 Do NOT reuse your Bitcoin addresses! 26:03 When will Quantum become a threat? 28:34 The long/short exposure attack; explained 31:45 Protection using private mempools 33:20 Why all the new Bitcoin L2s are in danger 37:45 Quantum is 5 to 10 years away, governments fear 40:34 Non-Bitcoin systems threatened by quantum 42:26 Centralized systems can adapt to quantum 43:50 Hunter’s BIP: Post quantum cryptography in Bitcoin 47:40 Hunter’s three new signature algorithms 53:48 Is new cryptography on Bitcoin risky? 56:33 Why not just stick to hash-based cryptography? 58:49 A 16X discount for quantum resistant addresses? 01:02:30 Creating quantum resistant multisig addresses 01:04:00 What is Frost? 01:06:50 The long process of approving a BIP 01:08:30 What developers think of Hunter’s BIP 01:10:00 Matt Corallo’s concerns with Hunter’s approach 01:11:00 Steps to implementing the BIP 360 01:17:00 Where to learn more about BIP 360 01:17:50 Who can push the button to change Bitcoin?

Isabel Foxen Duke⚡️

31,126 görüntüleme • 1 yıl önce