QUANTUM THREAT OR PHYSICAL IMPOSSIBILITY? A REALISTIC VIEW OF THE BITCOIN NETWORK
#Binance #Elg
Recent academic studies indicate that the threats posed by quantum computers to the Bitcoin network have been exaggerated. The models show that a quantum system capable of breaking Bitcoin mining would require approximately 10^{23} qubits and 10^{25} watts of energy. This value is close to the energy production of a star and is far beyond current technology (Bernstein & Lange, 2017). The current Bitcoin network consumes approximately 15 GW of energy, demonstrating that the difference is astronomical.
Research also notes that many advancements presented as quantum supremacy are based on simplified problems rather than real cryptographic systems (Aaronson, 2015). Similarly, although Shor's algorithm could theoretically break cryptography, the error correction and scalability required for practical implementation are not yet feasible (Gidney & Ekerå, 2021).
Therefore, Bitcoin security relies not only on mathematical challenges but also on the limitations of the physical resources required to solve these problems. These findings support the notion that quantum computers do not pose a serious threat to cryptocurrency systems in the short to medium term.
In conclusion, while the quantum threat exists theoretically, it is not realistic at present due to universal physical limits.
#BTC #Escoin $BTC $XRP $LUNC
References
Aaronson, S. (2015). Read the fine print. Nature Physics, 11(4), 291–293.
Bernstein, D. J., & Lange, T. (2017). Post-quantum cryptography. Nature, 549, 188–194.
Gidney, C., & Ekerå, M. (2021). How to factor 2048-bit RSA integers in 8 hours using 20 million noisy qubits. Quantum, 5, 433.
#Binance #Elg
Recent academic studies indicate that the threats posed by quantum computers to the Bitcoin network have been exaggerated. The models show that a quantum system capable of breaking Bitcoin mining would require approximately 10^{23} qubits and 10^{25} watts of energy. This value is close to the energy production of a star and is far beyond current technology (Bernstein & Lange, 2017). The current Bitcoin network consumes approximately 15 GW of energy, demonstrating that the difference is astronomical.
Research also notes that many advancements presented as quantum supremacy are based on simplified problems rather than real cryptographic systems (Aaronson, 2015). Similarly, although Shor's algorithm could theoretically break cryptography, the error correction and scalability required for practical implementation are not yet feasible (Gidney & Ekerå, 2021).
Therefore, Bitcoin security relies not only on mathematical challenges but also on the limitations of the physical resources required to solve these problems. These findings support the notion that quantum computers do not pose a serious threat to cryptocurrency systems in the short to medium term.
In conclusion, while the quantum threat exists theoretically, it is not realistic at present due to universal physical limits.
#BTC #Escoin $BTC $XRP $LUNC
References
Aaronson, S. (2015). Read the fine print. Nature Physics, 11(4), 291–293.
Bernstein, D. J., & Lange, T. (2017). Post-quantum cryptography. Nature, 549, 188–194.
Gidney, C., & Ekerå, M. (2021). How to factor 2048-bit RSA integers in 8 hours using 20 million noisy qubits. Quantum, 5, 433.