Blackrock warns investors BTC faces the highest risk from Quantum computing

Sure quantum computers might not be able to crack private keys yet, but it doesn't have to, all it has to do is mine a block which is infinitely easier to crack (solve) then a private key. "Chainlink, ETH, SOL are immune to this because their network security if proof of stake and would require attacking the private keys of validator nodes individually."

Damn feels good to be invested in Miota

The only quantum proof protocol

“IOTA's Tangle technology is believed to have quantum-resistant features through the use of Winternitz One-Time Signatures”

Oh no, a hard fork. Never had one of those before. Anyway.

No hard forks! Bitcoin MUST remain pure or it is not bitcoin.

cracks your 12 word seed phrase

FYI: Ethereum is already quantum resistant.

I wonder why Blackrock is still buying Bitcoin... really makes you think, huh?

Their exposure amounts to barely a billion in bonds from MSTR. A tiny drop in the bucket of their total AUM and it's not even actual BTC lmao. If anything in the broader market causes a big sneeze in the economy, I wonder what they'll do with those bags?

they say this out of concern for your financial wellbeing go- I mean guys!

Quantum computing is fake and gay. All the pictures they show of supposed quantum computers are just some art project slapped together from shit they bought at home depot

oh no.
you dont get it
chainlink is service and not crypto. token not needed
eth and sol are central so might as well just buy servers from amazon. so they are not crypto. token not needed.
if some retard would attack any of these they would just roll it back. every coin in "cryptoworld" thats not crypto is just scam for you to pay for someones company where you dont own any stocks of it after.

It better be in time. Because after the fact, who knows which transactions were legit?

They buy it for their investors. No risk for them. Not even a loss of reputation, because they put out ALL the warnings.

Sounds like they're setting the stage to dump Bitcoin.

No it doesn’t otherwise bsv would be #1 as it is the pure version of btc

Hedera's Hashgraph is quantum proof too and is working with SealsQ which is already producing quantum proof chips

Op is a quantum faggot

Chain Link tokens have been quantum resistant since 2008. Cope & sneedthe.

Load le quantum fud

Miss the days when we had all kinds of fud. Chaina banning btc for the 5th time, climate change, Craig, le funny money for criminals, le flipenning....

I guess all the ETF faggots are fucked in the event of a hard fork.

You got it all wrong. The ETFs control bitcoin now, if they don't like the way bitcoin is being run they hold the price hostage.

Is Quatum computing in the room with us right now?
Its complete vaporwave.
Quantum computers have been around for decades and are yet to do any calculation of any kind.
Its honestly the shitcoin of technology. Its all made up.

create quantum resistant hard fork

this is no longer an issue

mining with QCs

Retard. QCs only reduce the complexity of mining to 2^128, they will never ever ever be competitive with asics

OK but doesn't that mean regular banking would be even more at risk?

Have blackcock actually said what would happen in the event of a hard fork though. Will the ETF track the new chain or continue with the old one.

Like if Ethereum had an ETF before the dao hack that ETF could now be an ETC ETF instead.

There are libraries in a bunch of languages right now for quantum computing. Microsoft, Google, IBM and Amazon amongst others all host quantum computers right now that you can connect to and run quantum functions on. There are even Python libraries so retards like you can use quantum computers, so yes, quantum computing is in the room with us and has been for a while.

no

No, banks are safe

thats bullshit

ibm.com/quantum/qiskit
If you're too retarded to use a search engine you should probably just kill yourself

Stop asking, goy.
Crypto is bad, ok??

Too bad they aren't needed.

He doesn't realize that the vast majority of this type of work is made-up pretend bullshit and this doesn't show or prove anything.

Grim.

Nuclear codes?
No.
Banks?
No.
Military intelligence?
No.
Bitcoins you then have to find a way to sell?
Yes! So much yes!

you are a quantum retard and i have a quantum bridge to sell you.
it has taken decades to get to 1000 qubits and all it can do is record its own state. Its a glorified number randomizer. It cant do anything.
Its all entirely theoretical and vaporwave. They attract billions of dollars with promises of functionaly next decade. Just 2 more weeks bro.
Quantum computing doesnt even exist, because it isnt a computer.
But assuming you can use it as a super randomizer to just make an insane amount of guesses. To break current encryption you need 20 million qubits. They are stuck at 1000. And if a single one fucks up, which they do often because they are very unstable, the whole thing doesnt work. More qubits, more noise, less results.
Go invest in quantum "computing". And watch more popscience black man and youtube videos while you are at it.

It absolutely does not take 20 million qubits to break ECC encryption. Do you keep up with current research? Do you even know how encryptions works? We're maybe a couple decades away from being able to break basically any form of encryption, funny how those who accuse others of being pop science consuming retards are always the least informed

Nuclear codes?

Banks?

Military intelligence?

Only need Pentation-levels of quantum computing :^)

Bitcoins does update right?
Is it that hard to just make the algorithm harder to crack by making it more bytes?
like 1024 instead of 256

I don't even fuck with crypto and I know it is just a scare tactic, quantum computers take way more money than bitcoin is worth now, and larger computers are currently not viable due to how qbits interact with each other, a different approach, from what we have right now, might be required to avoid undesired chain reactions while performing large calculations