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Ajlovez7

Quantam computers can damage cryptocurrency ?

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Recently i heard a news google quantam computing breakthrough has enabled, and they have power to carry out tasks that a Supercomputer would take 10000 years to execute. so this really threats me the future of cryptocurrrency & blockchain. what do u think guys can quantam computers really have the computing power to kill the blockchain ?

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Conversely in my opinion it will be very useful in the blockchain system and it will be easy to make complex calculations quickly

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Life is great and enjoy it

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I think it will be very useful and be compatible with blockchain and will give it more power and I don't think it will hurt blockchain

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A new way of computing will create the prerequisites for scientific grand discoveries in all sectors. This approach in the process of computing allows you to work with huge amounts of data and perform instant computing operations. I think that this will greatly simplify cryptocurrency mining.

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when quantum computers arrive to the general public, i hope as late as possible, they will have a double effect on the crypto, a positive one will be easy to mine with great profit any crypto and a negative one there will be no private key that cannot be decrypted in a few seconds

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I think it is the age of speed and this will make it go fast and smooth and I do not see any problem in that but there will be consensus
And great harmony

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THINK POSITIVE

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I cant understand why quantum computer wil damage cryptocurrency. as the world developing so there may publish new type computer but it cant damage the cryptocurrency  because the crypto world also developing its working .

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No, this will not happen, because they will issue a law on the use of protection against hacking cryptocurrency and blockchain on a quantum computer. By the time they create a quantum computer, scientists will come up with a defense on how to secure the blockchain from being hacked by a quantum computer. Artificial intelligence will be connected to this process. 

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I think the quantum computer has nothing to do with blockchain it's different. And when it appears, in the crypto world can change a lot. That question is hard to answer today

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Why quantum computer will damage the crypto market this is not possible and no one can do this. If this is possible then already so many peoples will do this so this is impossible. Crypto is a great business and big market in the wolrd and i am the investor in it.

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I heard about this that such computers could kill cryptocurrencies, but I think it`s not true and even it is true quantum computer will be invented not earlier than in 10 years. In that time blockchains will be another than now

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I am not agree with you sir. i think quantum computer will help us for developing the block chain technology. it will help to improve the transaction speed.

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I don't think anyone can break the blokchain. because the defense and security are very tight. the future of crypto will remain and the number of people who use it today is proof that the future of crypto exists.

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On 11/7/2019 at 9:22 PM, Ajlovez7 said:

Recently i heard a news google quantam computing breakthrough has enabled, and they have power to carry out tasks that a Supercomputer would take 10000 years to execute. so this really threats me the future of cryptocurrrency & blockchain. what do u think guys can quantam computers really have the computing power to kill the blockchain ?

I don't think that the quantum computer will kill the blockchain because I believe the quantum computer will help the blockchain process, but I don't know what kind the helped from that supercomputer. I think the bitcoin developer will have a solution if there is a problem with the quantum computer, and bitcoin will still running with or without the quantum computer. But I think google needs to research deeper about quantum computers before they build the hardware that will be sold to the public.

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A quantum computer is a computer that can easily become thousands of years old with one click, can easily become a job opportunity, which can be very dangerous for cryptocurrency, but that is no reason to worry in the present age as computers are inventedIt has all of them but everything has been invented, but it will take about 20 to 30 years more. Now there is no reason to worry about computers. There is no involvement with investing. Can't be.

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On 11/7/2019 at 8:24 PM, williamz902 said:

No. If anything I think quantum computers could be extremely helpful to blockchain technology and mining bitcoin especially. It will be much easier to mine BTC with a powerful computer.

Quantum computers will have the power to break the SHA256 cryptographic model it uses so they will actually make Bitcoin obsolote unless developers find a way to counter this. Although quantum computers haven't been invented yet and we can't be certain they ever will. Still they won't be any helpful to Bitcoin.

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On 11/7/2019 at 9:22 PM, Ajlovez7 said:

Recently i heard a news google quantam computing breakthrough has enabled, and they have power to carry out tasks that a Supercomputer would take 10000 years to execute. so this really threats me the future of cryptocurrrency & blockchain. what do u think guys can quantam computers really have the computing power to kill the blockchain ?

Nobody knows what will happen in the future. The computer is only a tool that is given the command to predict the future, but its accuracy can change over time. No natural law knows everything. I think so.

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Quantum computer can do lots of calculations per second. Developers can use this amazing power to improve the speed of blockchain network. Every technology has some benefits and can be used to help other technologies too. The only danger is that hackers may use this technology against cryptocurrency.  If this thing happens, the only solution is to change bitcoin protocol altogether. But I have read in some websites that cryptocurrencies can take counter-measures by using quantum resistant technology. It is said that Google's supercomputer has 53 qubits (quantum bits) and breaking or cracking cryptocurrencies will need about 1500 qubits. So, if this is true, Google is still not considered a serious threat for crypto world.

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Greetings, my friends
quantum computing is a real threat to every encryption in the world.
But I don't think quantum computing can mine the remaining bitcoin for several reasons in the bitcoin's block system

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If they will be used on cryptocurrency, if they will be used then it can kill cryptocurrency and then a new will be created for the us

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This is a threat to the block chain and Crypto Currency because it can decrypt many private data in a short time even cryptography exist in that data. But I think Google cannot do that because that's another issue for them to do that so I think they will protect the both side of party.

Edited by Interface User
Adding of some ideas
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I don't believe quantum computer really destroy Blockchain system. Everyone has I ideas what happens next in Crypto market but let's see quantum computer destroy Blockchain or help blockchain.

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A different technique for working out is going to make specifications to get research huge finds in any market sector. This process in the way with working out helps you seek to advise from large sums with details plus complete prompt working out expeditions. There's no doubt that that you are going to considerably make ease of cryptocurrency exploration.

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I think quantum computer more helpful like now. This use more easier also solve any calculation. This quantum computer will be help this blokchain system.

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