Damus
Fiat Free · 1d
It is now, you never think it will be a threat? Google isn't spending billions of dollars a quarter for nothing. And the first Proof of concept for quantum technology will be to hack Bitcoin. All cent...
Tauri | Bitcoin-BLAKE2b profile picture
It is a scam. Taproot addresses are vulnerable, but no one uses them.
If you always use unique addresses for your SegWit or Legacy UTXOs and never reveal your public keys, the quantum attack becomes prohibitively expensive. Google invests billions because the quantum scam will be the next covid scam, Google is a de facto government owned company and the government doesn’t mind spending billions of *your* taxpayer money if it can gain more control over your life.
1
Fiat Free · 1d
True. And what of the proof of work mining itself? A 51% attack becomes much more feasible when you are using Qbits to solve the puzzle instead of regular NAND gate transistors. Don't forget about the OGs that don't have segwit addresses and haven't moved their coins in years. They'll be the first t...