On Tue, Jun 10, 2025 at 9:20 PM Brent Allsop <[email protected]> wrote:

*> Interesting. **So bitcoin doesn't need to worry too much about that for
> now.  And even when/if it does need to start worrying about it, as it
> pointed out, solving cryptography is much easier than the fact that
> "quantum computing development faces significant technical challenges in
> error correction and maintaining quantum coherence at scale."*
>

*It's not certain but Bitcoin might run into trouble well before 2033. At
the moment IBM seems to be leading in the race to build a Quantum Computer
and, because of the technology it's using, its rate of progress is
relatively easy to predict, but that's not true for one of IBM's
competitors.  Microsoft is using a technology that is radically different
from IBM's, they're trying to use non-Abelian Majorana Fermions to make a
Topological Quantum Computer. Microsoft made a risky bet about 10 years ago
and I admire their guts, their unusual approach may prove to be
impractical, but if it's workable then they would be able to make progress
toward a Quantum Computer far faster than IBM, or anybody else.*

*It takes time so If the Bitcoin people had been smart and cautious they
would have changed their cryptography to something more secure several
years ago, but they haven't even started.*

* John K Clark    See what's on my new list at  Extropolis
<https://groups.google.com/g/extropolis>*
5g2



>
>

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