Effect of Quantum and Supercomputers on Bitcoin

Effect of Quantum and Supercomputers on Bitcoin

By Frknzz | kriptocum | 20 May 2020


Most of you are not people who love to read. We can easily see this from the book sales of our country. So I'll send the lazy ones by giving short answers immediately.

The Bitcoin system does not even work on quantum computers. So this cannot be a threat.

In Super computers, the destruction of Private Key is almost impossible. So you shouldn't see it as a threat.

Okay? If we sent his unnecessary friends, let's go deep into the details with the curious and expert friends left ... follow me by wearing chemical protective clothing on the wall and wearing your headgear ...

First of all, what do they call Quantum Computers? I explain it in a very simple and short definition. Behold computers are originally zeroes and made up of one. When you look at the code cookie of everything, you see something like 0001100101011100111 (this is called binary), whether in Quantum computers, this is a third option except zero and one.

This option is a form of code in the quantum theory that contains both “zero and one” at the same time, on the basis of “something happening at once in more than one place”. So? In other words, it is not only zeroes and ones, but also adding the option zero-and-one that is simultaneously and counted together, which means that in the binary code, adding the third option means that the processor speed increases tremendously. This is the shortest explanation I can do without going into detail.

Good. The processor has grown fast ... okay then let's do the mining immediately. Let's collect all the bitcoins, right? I seem to see the dollar signs on the eyes. I will have to break your enthusiasm before you.

When the third option I explained above is added to the processor, both the hardware and software structure of the computer change completely. In other words, a new computer layout is being created from zero, and the only system suitable for this is only like itself. While we cannot run 16-bit software at 32 and 32-bit software at 64, we can never run Bitcoin on quantum computers. Secondly, necessary measures will be taken on Blockchain and Bitcoin before the time that can be run. In other words, how there is a blockchain that majority accepts and if everyone is using it, then it will be a blockchain that it will accept by examining and testing the majority before passing quantum. In other words, either the old blockchain is updated, it stays firmly in quantum, or a new, zero blockchain is built in Quantum, which already goes live after the necessary tests. So don't be afraid of Quantum. Nothing happens to your bitcoins.

Now let's come to Super Computers, super computers are not like Quantum Computers. What you call a supercomputer is hundreds, thousands of processors, hundreds of thousands of times more memory of a normal computer. In other words, if one computer performs an operation in 1 hour, 2 computers do it in half an hour, think like connecting hundreds of computers. Miners understand this issue well. You know, you are doing the mining farm by connecting the cpu, then the GPU and then the specially made equipment. Ask the same logic. Collectively interconnected processors etc. It is done in a very short time by directing it to a single operation.

Of course, when the processor speed increases so high, the nation comes to mind immediately. Let's hack right now, let's do brute force, lease my site or something ... is it possible? Of course. When speed increases, of course, passwords can be broken with brute force, wordlist or other hacking methods. So doesn't this threaten Bitcoin? No. It almost doesn't. Because you can only crack Private Keys with the processor of your very fast supercomputer. You will not rent anything else because this is not a centered system. It doesn't have a single target like banks. You have to hack millions of computers at the same time and have them do the same thing at the same time, which is almost impossible.

So, can the private key be broken? Private key is composed of 64 256 bit heximal characters. Numbers between 0-9 and A-F are used. Let's try to explain it without confusing you ... each character has 16 different characters. Because a character between 0-9 and A-F has to be chosen. If a private key is 64 characters in total and each character has 16 different options, 16x16x16x16 ………. You need to multiply 64 to 16. In other words, 16 of them are 64th.
11579208 9237316195 4235709850 0868790785 3269984665 6405640394 5758400791 3129639936

Okay, we have a few possibilities to break a private key. Let's look at the highest hash rate in Bitcoin history until now. 15 trillion / sec source: http://bitcoin.sipa.be/, so 15 trillion per second. A computer that tries 15 trillion per second is a private key
7719472615821079694904732333912527190217998977709370935963838933.860875309329066666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666666 When we turn this into a year, this computer is a private key
248182632967498704182893915056344109767811181124915475050.27 ....... can rent annually

Well, not at all…

Let's take an average, considering that the speed of computers in the bidet is increasing rapidly. Let's say that computers often double their speed every 2 years, in fact, it is not. But I wish so. If they are doubling their speed every 2 years, you are still safe for the next 60 years. We made calculations in case the algorithm continues to be used without any change. Those algorithms are updated and become more secure before the two possibilities are already closer to these dangers. This is a. Secondly, this is very important; The calculation we have done above is the calculation of breaking only and only a private key. Come on, you gave your years and you installed that private key. Then you took a look at the wallet, no money 😀 gone so much, caba. In other words, your priv key should be a solid amount and that balance should not be removed from there. So don't be my love ... forget this job ...

I think you will worry about all the banks, credit cards, electronic transactions and all-based systems before you Quantum and Super computers threaten your Bitcoins. They are more vulnerable to attack, and their targets are very stable, centered systems.

By the way, the explanations I made above are for Bitcoin. I am not saying anything about altcoins because each one's system and structure are different. It is necessary to examine one by one and comment accordingly. If you literally read all of the article, it is halal. Now go to cool your own processor and tap the water. Wash your face. Come to yourself. It won't be easy to sleep after this article tonight…

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