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RE: Former 'Plunge Protection Team' Member Warns "Blockchain Is Freaking Governments Out"

in #bitcoin7 years ago

The biggest weakness I read in this interview was the Quantum Computer angle.

If SHA-256 is crackable, as is the HD wallet encryption, the entire system is in trouble if a bad actor gets their hands on a D-WAVE or something similar.

I've seen in numerous crypto places that the encryption can't be cracked by quantum computing, but based on recent research I've been looking into it is more than possible and likely IF it was desired.

I think this conversation is an entirely different thread.

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Wow, I had no idea thanks for sharing that. Would you mind sharing that research you reference? Or maybe make your own post on it - would definitely be interested to check that out. Now following you..

Yea.. thats going to have to be a post on its own.

Nice, looking forward to it Blake :)