[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 27 KB, 600x600, 0e9.jpg [View same] [iqdb] [saucenao] [google]
8437340 No.8437340 [Reply] [Original]

Insider here. Next month IBM is going to announce their first fully functionnal quantic computer. Powerful enough to break the blockchain.
Sell now or enjoy your bags forever.

>> No.8437380

>>8437340
What is a computers quantum and how much BTC does they cost?

>> No.8437396

>>8437340
It's a larp, but it will happen once

>> No.8437439
File: 70 KB, 540x359, 1502966065104.jpg [View same] [iqdb] [saucenao] [google]
8437439

>>8437340
Already have a sample in test, just taking a look at satoshis wallet

>> No.8437491
File: 57 KB, 1200x513, insider here.jpg [View same] [iqdb] [saucenao] [google]
8437491

>insider here

>> No.8437501
File: 374 KB, 1285x963, 1521284182486.jpg [View same] [iqdb] [saucenao] [google]
8437501

>>8437340
>sell now or enjoy your bags forever

>> No.8437505

quantum resistant ledger

>> No.8437506

How are quatum pc destroy ing the blockchain

>> No.8437510

1 IQ post

>> No.8437521

Can confirm my dad is quantum

>> No.8437549

>>8437506
>search the block explorer for a rich address
>call getPrivateKeyForAddress( address);
>initiate transfer of the entire balance to your own wallet

The secure part about bitcoin is that the search for the private key of a random public address takes longer than the age of the universe (many times longer), with a quantum computer this could be done in seconds.

>> No.8437602
File: 69 KB, 750x600, 1519598621510.jpg [View same] [iqdb] [saucenao] [google]
8437602

>can't spell quantum
at least put some effort in your fud, you brainlet

>> No.8437829
File: 906 KB, 660x868, 1513602276482.png [View same] [iqdb] [saucenao] [google]
8437829

>>8437340
>he thinks quantum computing will end crypto

Do you know how many possible combinations there are for each BTC private wallet key, OP? 16^64, or approximately 1.16 x 10^77. But that's just a number and a fancy exponent. That doesn't put into perspective how massive this number really is. So I'll write it out for you:

116000000000000000000000000000000000000000000000000000000000000000000000000000.

That's a big fucking number. Every 0 is an additional order of magnitude, in case you didn't remember that from middle school math. Would you like to know exactly how big the number is? You're about to find out.

We'll start with a hypothetical situation. You've just developed the world's most powerful computer and it literally runs on magic. Every second, your computer can guess and check the correctness of one billion private keys. You go back in time to the literal beginning of the universe and leave the computer behind, setting it to work cracking the key to Satoshi's wallet with the knowledge that when you return to the present day you'll find it's finished its job. "I'll be rich beyond measure!" you think. Wrong. The odds that your computer, performing one billion calculations per second over the fourteen billion year lifespan of the universe has cracked Satoshi's key is less than 0.0000000000000000000000000000000000000000000005%. Maybe you got lucky. But you probably didn't.

Are you starting to understand, OP? The blockchain can't be broken. Numbers of this scale start to bend the laws of our reality. Even if you turned every grain of sand on Earth into a ten quadrillion-hertz supercomputer and let them guess keys for a hundred billion years, you wouldn't be within ten orders of magnitude of the number of guesses needed.

tl;dr brainlet
>inb4 reddit spacing

>> No.8437989

>>8437829
Is this a pasta?

16^64 = 2^256

This means you need 256 qubits at the same time and you are able to let them more or less "try" every combination at the same time. I know it's more complicated than that and probably takes a lot longer than I was exaggerating in my other post but you didn't even address quantum computing which is something entirely different than just a huge super computer.

>> No.8438007
File: 7 KB, 248x203, 1516659265397.jpg [View same] [iqdb] [saucenao] [google]
8438007

>>8437989
>he hasn't seen the quantum pasta

>> No.8438088
File: 393 KB, 1536x1794, 9482CF41-84AD-4529-8253-3088DCD0BCC8.jpg [View same] [iqdb] [saucenao] [google]
8438088

>>8437829
>Reddit spacing
>reddit tier image

Yeah that entire post is garbage and you are wrong

>> No.8438209
File: 9 KB, 645x773, 1514144968933.gif [View same] [iqdb] [saucenao] [google]
8438209

>>8438088
thats not even reddit spacing you brainlet

>> No.8438614

>>8437549
T. has no understanding of quantum computing

>> No.8438687

>>8437340
How was buying ripple at $4, ETH at $1300, and bitcorn at 17k retard?

>> No.8438721

>quanitic
no one fucking noticed OP misspelled quantum? ok

>> No.8438729

quantum computing is one of the biggest fucking memes out there. also, procedural cryptography is a thing

>> No.8438975

>>8437340
Should I also close my online banking, stop buying stuff from amazon or browsing /biz/ using https instead of http? Basically is ssl/tls kill?

>> No.8438997

>>8437340
90% of blockchain are done. Most $ will go back to bitcoin when it has the most quantum miners protecting it.

>> No.8439054

>>8437340
>IBM
>doing anything but farting in their stools

>> No.8439439

If that were true they could take all the Bitcoin remaining in the world. Someone would have tried while it was in development too. Calling bullshit.