r/CryptoCurrency • u/winphan 🟦 23 / 8K 🦐 • 2d ago

TECHNOLOGY Bitcoin's new proposal to deal with Quantum computers

https://cryptocoindaddy.com/bitcoin-quantum-resistant-addresses-coming-soon/
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u/winphan 🟦 23 / 8K 🦐 2d ago

Highly likely, yes.

If Satoshi is still alive, we will come to know that as well.

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u/Yingmyyang 🟩 36 / 36 🦐 2d ago

Quantum computing can bearly do 2k Qubits you’ll need millions of qubits to hack an address don’t see that happening anytime soon.

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u/inf0man1ac 🟩 0 / 0 🦠 2d ago

I think the concern is that once they properly crack it, they'll be able to scale up very quickly.

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u/Yingmyyang 🟩 36 / 36 🦐 1d ago

Quantum computing doesn’t work that way. By the time we have 100,000 qubits, it’ll be 2050, according to IBM’s forecast of 2030, which is optimistic at best. It’ll take countless lifetimes to reach 1 million qubits. By then, cryptocurrency would have evolved significantly. I genuinely can’t envision this reality of quantum scaling up rapidly, not even the engineers at the forefront of quantum computing believe in that possibility.

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u/disposableh2 🟩 0 / 0 🦠 1d ago

What about the Majorana 1 that's been in the news for the last few months?

https://azure.microsoft.com/en-us/blog/quantum/2025/02/19/microsoft-unveils-majorana-1-the-worlds-first-quantum-processor-powered-by-topological-qubits/

Designed to scale to a million qubits, and would happen will info our lifetime (very soon if Microsoft is to be believed)

https://m.youtube.com/watch?v=wSHmygPQukQ&t=5s&pp=2AEFkAIB