Ethereum founder: quantum computers are not yet ready for

Google has been researching for a long time in the development of high-performance quantum computers, which are seen as a potential threat for the crypto market. These devices are becoming more powerful and might one day be able to decrypt the cryptography and private key crack. Vitalik Buterin recommends derweile to Serenity.

Google’s quantum computer, a device that could theoretically resolve the encryption of any digital crypto currency, is not a real threat. For the time being the Community at new headlines in the field of Quantum computing remains calm and left. Vitalik Buterin, founder of Ethereum, commenting on the still nascent attempt to develop a new Form of computing devices. He acknowledges the efforts of Google, but he stressed it clearly that these are still years away from to be crypto-currencies is dangerous. He takes to Twitter (freely translated):

My impression of the recent quantum computer research is that it is to be expected of genuine Quantum, what hydrogen bombs for the nuclear fusion are. Proof that a phenomenon and the ability to gain from this energy, exist, but still far from a targeted use for useful things.

Buterin wanted to collect a few years ago the money for a quantum computer, before joining as a founder of Ethereum. Theoretically, Quantum computing could lead to the possibility of all of the private key to resolve and to control all the crypto-currencies. In this case, the value of BTC would actually be Zero, and the network would lose all credibility. Quantum computers are potentially powerful enough to surpass even the excellence of the Miner.

Traditional calculations would take astronomically long time to find a private key, but a quantum computer would be much faster. Google’s Computer has just finished a task, for the fulfilment of silicon processors for 10,000 years would be needed. Quantum Computation is a project that is carried out by a number of large technology companies such as IBM, Intel and Microsoft. The development of such a device, however, requires strict laboratory conditions. The Tests are also strictly controlled and monitored. The devices must be cooled by high capacity cooling plants, with a few plus degrees, in order for the technique to work properly.

It is highly unlikely that one of these companies would try to perform the calculations to crack a Bitcoin Wallet in order to steal crypto-currencies. The quantum calculations, however, could be theoretically used to make BTC even more efficient. Exactly this is the intention of Vitalik Buterin followed with his original idea and the creation of a quantum computer project. Currently, the miners are competing through the use of ever more powerful ASIC computers to get the Block Reward. At the Moment, wallet owners with traditional hacking and Phishing, see the attacks faced, so it will probably take a while until an actual threat is the quantum computer for the crypto market. Often human error currencies, as the largest cause for the loss of Crypto.

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