Bitcoin is relying on modern cryptography standards, but what happens when quantum computers get developed enough to be used in order to brute force modern cryptography?
This is a theoretical quantum threat all cryptocurrencies currently face. Let's talk about exactly what part of the Bitcoin protocol can be hacked in this way.
Thanks for watching guys 💝
🍻 Join the crypto discussion forum - https://thecrypto.pub
📺 The best crypto content in one place - https://cryptochannel.tv
📚 Get my free e-book on Bitcoin and Blockchain - http://eepurl.com/c0hyc9 you will receive the book in your inbox once you sign up
👫👭👬Social:
Steemit: https://steemit.com/@ivanli
Facebook: http://facebook.com/ivanontech/
Slack: http://slack-invite-ivan-on-tech.herokuapp.com
Exclusive email list: http://eepurl.com/c0hyc9
🤑 Buy cryptocurrencies: https://www.coinbase.com/join/529bab0ab08ded7080000019
💰 Secure your Crypto with Hardware Wallets:
Ledger: https://www.ledgerwallet.com/r/4607
Trezor: https://trezor.io/?a=rvj3rqtje3ph
Great topic
Good publication
I would be happy to be done this way
Good topic I will voted you ^^
Nice thank you for sharing Ivan. I'm actually really interested in the quantum computing possibilities in the future and this opened my eyes a little more!
top crypto scare, however new developing coins have adopt securities to help combat the future of quantum computing/hacking. great topic
Another great video! It's interesting stuff, but I presume quantum cryptography for bitcoin is not something that could happen very soon, as it requires hardware which, even once developed, will be far too expensive for large scale roll-out for at least several years.
Thanks for sharing
Thanks for the informative video!
@ivanli Very good topic and a different way of viewing the Bitcoin hack!
Given you a shout out in our latest episode of Crypto Nights (where the topic is Monero) as we have appreciated and watched your content for some time now!! Be sure to check it out and let me know your thoughts.
Alex
Useful topic