Saw some people panicking or asking about quantum computing's impact on crypto.
At a high level, all crypto has to do is to upgrade to Quantum-Resistant (Post-Quantum) Algorithms. So, no need to panic. 😂
In practice, there are some execution considerations. It's hard to organize upgrades in a decentralized world. There will likely be many debates on which algorithm(s) to use, resulting in some forks.
And some dead project may not upgrade at all. Might be a good to cleanse out those projects anyway.
New code may introduce other bugs or security issues in the short term.
People who self custody will have to migrate their coins to new wallets.
This brings to the question of Satoshi's bitcoins. If those coins move, then it means he/she is still around, which is interesting to know. If they don't move (in a certain period of time), it might be better to lock (or effectively burn) those addresses so that they don't go to the first hacker who cracks it. There is also the difficulty of identifying all his addresses, and not confuse with some old hodlers. Anyway, it's a different topic for later.
Fundamentally:
It's always easier to encrypt than decrypt.
More computing power is always good.
Crypto will stay, post quantum.
I don't understand how people are giving BTC predictions of price action from here with 0 mention of NQ.
You think BTC is going to $50k if NQ monthly bull flags to all time highs from here?
You think BTC is headed back to $85k if NQ breaks 6 month lows for another leg down?
Some smart people tell me there is an earnest smart developer community in crypto, and now that the awful opportunistic money people have been washed out, the industry has a bright future.
Hard for me to tell as a phone salesman, but I hope the community gets its fair chance to thrive🦾🦾
If you’re distracted, unfamiliar with the instrument, or boxed in by trading hours, you’re already at a disadvantage. The fix isn’t forcing trades, it’s sizing down and staying disciplined.
@ascetic0x@Polymarket@PolymarketTrade@PolymarketMoney@PolyBaddies@zscdao now prove that this is your sole, exclusive account.
you can't, because the whole point of this exercise is to do coinflips with dozens of hundreds of accounts and then only reveal the last remaining profitable one.