That challenge we started less than 2 weeks ago now has built the Pareto dominant circuit for breaking Bitcoin (by far).
It’s now clear that openly coordinated intelligence is competitive with closed labs.
We must make sure that we take advantage of the new capabilities we have in order to preserve our agency in the coming era.
More to come.
How does Quantum Resistant Ledger $QRL compare to major quantum companies?
It seems that Google’s Willow quantum chip announcement in December 2024 kicked off a strong new quantum cycle.
$IONQ $QBTS $RGTI
@CoinMarketCap $QRL
Referenced in Google Quantum AI research:
https://t.co/Lnl19IxtrZ
And in a Lockheed Martin patent:
https://t.co/zDUjcb5rl3
Waiting for @CoinMarketCap to rank it properly.
https://t.co/AXeJU2Xx9J
@RedGrindingHood "Fool me once, shame on you. Fool me twice, shame on me."
But fool me every year for 6+ years? Well, there must be something seriously wrong 😉
@RedGrindingHood And finally - if you are okay with chain that will need to migrate all their users before Q-Day, then you can freely pick Ethereum. You don't need a completely new chain that's not completely PQ-safe since first block.
@RedGrindingHood And the whole code is still private, so you can't really see how exactly it will work.
Additionally, operating their nodes will be problematic, due to how they designed the smart contracts. It will likely be very centralized. Hacken audit had some good criticism/questions on it.
@CryptosR_Us He is talking about mining (proof-of-work) - which is safe.
But he ignores the real vulnerability, which is in the digital signature algorithm. That's what's used to sign transactions on the network. And that is vulnerable to quantum computers running Shor's algorithm.
@RedGrindingHood@SamBeckett__ Btw I see that the previous commenter has me blocked in here. Which means he's likely from QANX or CELL that I publicly criticized in the past. So I'm not surprised they try to spread bs about QRL.
@RedGrindingHood@SamBeckett__ I wouldn't call it "a problem". QRL was using XMSS since 2018. Back then it was the best secure approach. Now we have more PQ signature schemes (standardized by NIST in 2024) so it gets upgraded to a more user-friendly one (ML-DSA).
It just shows QRL is being kept up-to-date :)
@RedGrindingHood@SamBeckett__ There are some positives and negatives regarding XMSS. Main negative is the statefullness (need to track used signatures).
But upcoming QRL 2.0 upgrade is using ML-DSA instead of XMSS, which makes that issue disappear.
Everyone's chasing the next $1 billion coin…
but ignoring the one problem that could break them all: quantum risk.
Quantum Resistant Ledger ( $QRL ) solved this in 2018 - live mainnet, not a roadmap.
Referenced by Google Quantum AI:
https://t.co/nomkoxSz4Z
And in a Lockheed Martin patent:
https://t.co/gHRql8UN67
Most people haven't noticed yet.
That's how early it still is.
@Bybit_Official@benbybit - are you watching?
#PostQuantum #Crypto #Blockchain
🐷 Remember the Three Little Pigs?
Now imagine the Big Bad Wolf...
has a super powerful computer.😱
This changes everything.
Most crypto is like a straw or wood house.
Built strong for TODAY.
But technology keeps getting more powerful.
Is your digital money really safe?
$QRL