/biz/ - Business & Finance

>>15714592
It's just a bunch of coils and springs lmfao sure thing kiddo

>>15714592
>In a leaked paper, Google revealed it had built a quantum computer that solved a problem that would take supercomputers 10,000 years. Now things are about to get really exciting

https://www.wired.co.uk/article/google-quantum-computers-supremacy

>>15714592
QONDOM COMBUTYUR KILL BUTTCORN

>>15714663
just read >>15714611

>>15714668
JUSS RAED

>>15714611
>>15714668
Quantum supremacy means that it did an algorithm that a normal computer could not do.

It does not mean it will be able to break sha256 anytime soon , in fact google did something so simple that they are not even sure if their results are correct(because they can't check it with a normal computer) , so they are waiting for ibm or other company to reach the stage.

a 2300 qubit quantum computer that can break bitcoin wallets is at least 15 years away and that's a minimum and assuming massive investments into the area by governments otherwise it's probably even more.

Quantum computah not break sha2
Quantum computah break your private key

> Quantum computer will kill BTC in 2-3 years.
no

>>15714592
>he used a qtum computer to encapsulate his bitcorns in sha4
Good luck Google.

>>15714592
>>15714705

make a quantum blockchain
problem solved

>>15714592
lol what a fucking degenerative retard

>>15714705
Finally someone who isn't retarded. Thanks for single-handedly keeping the mean biz IQ above 90, anon.

>>15714705
Errr no.

https://www.naturalnews.com/2019-09-24-d-wave-2000-qubit-quantum-computing-encryption.html

>>15714592
If Bitcoin gets destroyed maybe my NANO coins will finally break even LMAO :^)

>>15714811
>>15714701
>>15714705
>>15714730
>>15714751
>>15714794

we all know, Tulpit mania 2.0 has no future anymore.
In 5, or maximum 10 years BTC will not longer exist

>>15714592
>>15714611
>>15714668

Retard how old and uneducated are You lol?

First thing can be make Shor's algorithm resistant in many ways

Second if Quantum supremacy is achieved crypto would be least of Your problems fucking society would go back to stone age...

>>15714592
how are those tubes even a computer.
we had vacuum tubes in the 1900s
what makes this different

>>15714871
why arent you shorting it if you are so sure? seems like easy money

>>15714705
You grossly underestimate military, intelligence and state sponsored technology and flat-out greed by bad players.
They have the tech now and they're using it as we speak. SHA-3 was developed to augment SHA-2 for this very reason.
Don't be naive.

https://csrc.nist.gov/Projects/Post-Quantum-Cryptography

Oh pls someone submit your algorithm because we are fucked when quantum computing comes out. This was three years ago and they predicted st least ten years for what google did in three.

Principal submitter Nigel smart lol

He arm barred our principal he must be smart

>>15714592
what is quantum resistant algorithms and why are you a retard?

Do we get an crypto market with actual usefull coins after BTCs dead ?

>>15715296
>it says quantum resistance in the name stupid !!! See!! Heh tough luck kid

>>15714871
Why are you being so mean?

>>15714777
Checked and based

>>15715077
in order to short something properly you not only have to be right about that but also the timeline

>>15714827
>>15714871
That type of quantum computer is different designed for special purposes it can't break bitcoin

https://en.bitcoin.it/wiki/Quantum_computing_and_Bitcoin

That was well known by 2016-

>>15715172
You underestimate capitalism , if they had that tech someone would have commercialized it , you are speaking of something that could replace all servers in the world.

They don't have it , probably working on it tough.

>>15714871
it takes 2^128 operations to break a private key anon
even a 2048 qubit quantum computer will take magnitudes the age of the universe to break it

>>15714592
There are no quantum computters

>>15714592
https://reddit.com/r/Monero/comments/d7oizu/_/f13qhs1/?context=1

>>15714777

checked and based

>>15715463
Lol it doesn’t say it can’t it says it will take time before we can

Basically saying hah guys it’s only so and so years away

Subjectively speaking we got time boys

Objectively speaking yeah were fucked we don’t know wtf this is chaos we have really no fucking clue we only hope it will take lots and lots of time buy that bitcoin boys we got people working on algorithms now to beat a super saiyan quantum computer

>>15714592
pajeets will have dumped more than it ever can back in early 10s

>>15716233
it's simple to whatever algorithm governments move crypto can move too.

The big problem and reason to not fix it now is that you would need big blocks so it's better to wait until needed.

It's easy to fix tough

>>15714871
The solution is simple: Make breaking cryptography illegal.

>>15714610
Dad? Could it really be you??

>>15714592
This is why you should buy bags of the Snowblossom I mined last spring. It has quantum resistance. Buy it on qtrade.io. You. Yes you, Manvinder. Buy it now.

>>15715240
nice1

>>15714592
>look, mom, I posted it again!
>>15679770
>>15671383
>>15665649
>>15666133
>>15661626
>>15669247
>>15673940

>>15717048
wow, OP, you're a faggot

>>15714705

If rate of qubit growth stays the same it will take 5-8 years not 15. Time to hedge in quantum safe chains.

OP is an asshurt no-linkie

>>15714871
you degenerate wouldn't even know a difference between quantum and a computer