"Bad news is an investor's best friend," says Warren Buffett.
"The QLA model is an investor’s model of accumulation followed by an exit!" says Dan Peña
Listen up, @solana degens, you’ve got two choices:
Stay on Solana, keep getting rekt ❌
Move to @SuiNetwork, where the vibes are immaculate and the memes are thriving 💎
Take the leap and join the SUI Meme Season. TARDI’s waiting for you on the other side, ser 🍹
I’m being misquoted in some places. And in others, folks are just being intellectually lazy or technically dumb.
So to be clear:
Quantum Computing will be a risk to v1 cryptographic approaches. The time frame is very much not clear and it’s not in the immediate time horizon. But if I owned a lot of BTC, my risk posture would be to assume it could happen and plan accordingly.
Now, any potential risk to Bitcoin can be addressed through forks that implement quantum resistant cryptography for new transactions. That said, this can't retroactively protect already exposed public keys that do not migrate.
Funds in old p2pk addresses (dead accounts?) with exposed public keys will remain vulnerable to quantum computing attacks on ECDSA and will become a target.
Here is a useful chart to assess this risk as well as a post from Satoshi himself in 2010 discussing what to do when SHA 256 is compromised.
$SUI is a third-generation blockchain that is designed to address the challenges of scalability and transaction costs with its innovative design.
Read the $SUI building block: https://t.co/8P4rldyJpm
LFG #SUI familia ! $SUI is on the way to top 10 by the end of the year !
We have officially passed $LTC
Charlie Lee can kiss my ass !
Also $BLUB hit a new ATH
Bull run is cooking!!!