SECURE BITCOIN

“Standard Bitcoin transactions rely on a type of cryptography called ECDSA. But a sufficiently powerful quantum computer running this mathematical thing called Shor's algorithm can solve these problems. Meaning, someone can forge Bitcoin signatures and steal all of the Bitcoin.”

“Aviv's paper proposed a really clever mechanism that effectively makes Bitcoin transactions quantum resistant. It effectively hides a brilliant hash puzzle inside Bitcoin's existing rules. So you don't need to change Bitcoin.”

“The other one I really like is climate, meaning quantum computing can help model climate oriented scenarios and extreme weather much better thereby theoretically allowing people to have more advanced notice in climate emergencies. So there's and that just scratches the surface.”

“The law really hasn't dealt with anything quantum yet. Like there's been post-quantum cryptography standards by the National Institute of Standards and Technology, NIST, and regulators are starting to require quantum-resistant encryption for financial institutions.”

“AI will realize that it needs crypto, like, someday. I actually think they are starting to realize that, like, crypto is really necessary for a lot of AI applications to work and be effective.”

“Standard Bitcoin transactions rely on a type of cryptography called ECDSA. But a sufficiently powerful quantum computer running this mathematical thing called Shor's algorithm can solve these problems. Meaning, someone can forge Bitcoin signatures and steal all of the Bitcoin.”

“Aviv's paper proposed a really clever mechanism that effectively makes Bitcoin transactions quantum resistant. It effectively hides a brilliant hash puzzle inside Bitcoin's existing rules. So you don't need to change Bitcoin.”

“The other one I really like is climate, meaning quantum computing can help model climate oriented scenarios and extreme weather much better thereby theoretically allowing people to have more advanced notice in climate emergencies. So there's and that just scratches the surface.”

“The law really hasn't dealt with anything quantum yet. Like there's been post-quantum cryptography standards by the National Institute of Standards and Technology, NIST, and regulators are starting to require quantum-resistant encryption for financial institutions.”

“AI will realize that it needs crypto, like, someday. I actually think they are starting to realize that, like, crypto is really necessary for a lot of AI applications to work and be effective.”