MCM

[Anonymous No.30117534]

redpill me on this shit frens!
Post quantum currency, does that mean ETH and BTC are overrated and will be beaten down by quantumcomputers?

[Anonymous No.30118503]

well, i haven' seen any threads and no reactions on this one is either
jannies are pushing this down
or its being kept out of talk
both are bullish
the only big redflag i see is the shadyexchanges

[Anonymous No.30118961]

>>30117534
memes aside, I don't understand what goes on in the mind of smoothbrains. They freak out about crypto whenever quantum computing is mentioned, despite quantum computing being a solved problem in crypto (fork, move to quantum resistant algorithm). And they don't worry about all the companies, hospitals, airports, local power infrastructure, water supply running on legacy systems with no clear upgrade path to anything quantum resistant

>Bitcoin and even other cryptocurrencies and their history are filled with examples of hardware and software changes that had to be made to make the network more secure and performant — and good security practices in the present (avoiding wallet reuse) can help prepare for a more uncertain future.
>So quantum computers being added to the mix won’t suddenly render classical modes of encryption useless or mining trivial — “quantum supremacy” now doesn’t mean that your encryption or the security of bitcoin is at risk right at this moment.
>The real threat is when quantum computers become many scales larger than they currently are — by which point planning for post-quantum encryption, which is already well on the way would come to the fore, and at which point bitcoin and other cryptocurrencies can soft fork — and use both decentralized governance and dynamism when needed in the face of new existential threats to defeat the threat of “quantum supremacy”.

Post-Quantum Cryptography PQC
https://csrc.nist.gov/projects/post-quantum-cryptography

Committing to quantum resistance: a slow defence for Bitcoin against a fast quantum computing attack
https://royalsocietypublishing.org/doi/pdf/10.1098/rsos.180410

Are hash functions strong against quantum cryptanalysis and/or independent enough of mathematics?
https://crypto.stackexchange.com/questions/59375/are-hash-functions-strong-against-quantum-cryptanalysis-and-or-independent-enoug

[Anonymous No.30119278]

>>30118961
first decent explanation i've gotten! cheers lad!

[Anonymous No.30119936]

>>30119278
no problem, also i think Mochimo is a scam because it's mostly just bots spamming it

[Anonymous No.30119996]

>>30119936
well, noticed something similar. it doesnt look bad at first untill you see the volume on the exchanges and where does exchanges are located

[Anonymous No.30120048]

>>30119996
does - those*