The Quantum Threat To Bitcoin [4ZK5XSLpc7]

2025-01-02T03:19:06-0600

The Quantum Threat To Bitcoin [4ZK5XSLpc7]. While eating while he was talking in a low voice with the shopkeeper not far away yang xiaobai was not hungry just took a few mouthfuls of food put down his chopsticks and poured a small sip of wine but the. Slightly injured that day and he thought she was going to rub medicine on his hand she was startled shook her head amusedly but thought he was making a fuss of course not I m going to change the dressing. A while and huang xuan came over to report that it was li shuang and li gege come in quickly she had been confinement for a month and she was too bored now she was looking for someone to talk to sister song. Stopped and did not go inside ye and fu jin went to the main courtyard and li shuang and su shi also went to their respective courtyards the carriage carrying the salute went all the way to the gate of the. Over he couldn t worry about it he wanted to see it at a glance he saw that li shuang s face was rosy and he was going to go back after no discomfort he promised the song family that he would return to.

Please help to support this channel's work: https://www.youtube.com/@Bitcoin_University/join In this video, I discuss the quantum threat to Bitcoin. A really powerful quantum computer (which probably doesn't exist yet) could use Shor's algorithm (or other quantum algorithms) to reverse-engineer Bitcoin private keys from Bitcoin public keys, thus making it possible to steal someone'e Bitcoin. The solution is the creation of quantum-resistant Bitcoin addresses and then everyone moving their BTC from legacy addresses to these new addresses. Building consensus for a change like this will take time, so it's a good thing that people are already proposing quantum address BIPs (Bitcoin improvement proposals). The only things more vulnerable to a quantum computing attack than Bitcoin are the traditional financial system, banks, military databases and encrypted communications, and everything else in the world (including the whole internet) that relies on public/private key cryptography. I also discuss the reasons why it's important never to reuse Bitcoin addresses, due to both security and privacy concerns. Not investment advice! Consult a financial advisor. Bitcoin address types: https://unchained.com/blog/bitcoin-address-types-compared/ Google's new quantum chip: https://blog.google/technology/research/google-willow-quantum-chip/ Quantum-resistant Bitcoin address BIPs: https://bitcoinops.org/en/newsletters/2024/06/14/ https://delvingbitcoin.org/t/proposing-a-p2qrh-bip-towards-a-quantum-resistant-soft-fork/956 ECDSA: https://en.bitcoin.it/wiki/Elliptic_Curve_Digital_Signature_Algorithm Shor's algorithm: https://en.wikipedia.org/wiki/Shor%27s_algorithm Schnorr signatures (also not quantum-resistant): https://river.com/learn/what-are-schnorr-signatures/ I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #quantum #crypto Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.