Quantum Computing is Coming - Is Your Crypto Safe?

[@CoinBureau]

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[@D9Wx]

Irrelevant. If it can crack btc it can crack anything

[@thomasjepsen338]

Oversampling..

[@evenjanson4258]

My secondary school teacher would never have believed me if I said: Christmas Eve 2024 I want to sit and watch a dud teach me about super smart computers and artificial intelligence

[@kashifchoudhry5004]

😂😂

[@Fr331995]

Better computers = better crptography

[@TitanXWill1000X]

Exactly

[@FeatheredFame]

Not how that works

[@marcisca4296]

Quantum computing has been around for a while now, and has we advance in technology to break things, we advance in technology to defend against it.

[@pureskrap]

QAN platform will melt, it’s the future

[@teru797]

melt?

[@gergelygyori9320]

*faces

[@ng1663]

It may be a threat to crypto, but also a threat to everything else that has a password. Bank accounts, top secret government servers, encrypted communications, and on and on. It would change the way we view privacy and security in every facet of our life, not just bitcoin.

[@Christlikelife459]

SWIFT as well.

[@Craig_Dom]

@ng1663 banks, government servers, etc... can upgrade way easier since they are centralized. Matter of fact the NSA has been recommending transitioning to post quantum cryptography since 2018, while apple, cloudflare, google, and many others have already successfully rolled out PQC in their applications in various forms

[@hanelyp1]

Quantum computing is NOT a threat to the leading algorithms for symmetric encryption nor password hashing. The threat to public key cryptography is limited by the quantum coherence problem being exponential with the number of bits.

[@brunobrlirio]

19:58 Qanplatform L1 solves this quantum threat issue.

[@user-pe3gq9wo9h]

You guys are just an erc20, closed source and have had years of mainnet promises without anything.

[@tdog808]

Crypto experts on Monday: “buy!” Crypto experts on Tuesday: “a computer will steal it.”

[@ADITYA72]

Total Crypto Influencers have lost it, Some say time to sell, Somesay Time for Pull Back, Some say time to buy, some say can be stolen

[@zabik7221]

This is why i hate Crypto 😂😂😂😂

[@RoloKing]

I’ve been a subscriber for years now. The other two guys on the channel aren’t as good as you mate . Love the content you provide

[@lightbringer589]

There's only one Guy 😉

[@virtueorvice]

The guy with the muscles is not bad. But yeah, Guy is cool and down to earth.

[@TheOcean777]

Guy "is" Coinbureau

[@12draky]

Lockheed Martin uses QRL technology for secure communications

[@user-pe3gq9wo9h]

This is one of the single biggest qualifiers in any crypto project.

[@sbnig]

Are the banks safe if crypto isn’t after this quantum computing 😂

[@huckleberryfinn8795]

EXACTLY!! They will be able to break every bank and web application BEFORE crypto.

[@joevince6066]

Noo

[@mohammedahmed1109]

Nope

[@mobenmo7471]

Exactly! Why does crypto always get singled out? Remember when everyone was criticizing its energy consumption? Now AI is using massive amounts of energy too, but no one seems to be making a big deal about it.

[@EM-qr4kz]

Well BTC is the enemy of the Banks so the Banks will finance these attacks not the other way around

[@TheOmfg02]

ICP is safe. It’s built so that different encryption schemes can be swapped in and swapped out easily. When the time comes ICP will only have to spend minimal time to implement quantum safe encryption algos

[@natamin.9224]

2055

[@Craig_Dom]

ICP is on ETH. If ETH isn't quantum resistant, ICP cannot be

[@TheOmfg02]

@@Craig_Dom internet computer protocol, not insane clown pose

[@paulinejackson5861]

ICP is a joke 😂

[@phongphan5732]

the nuclear codes are more important than my damn computer

[@SHMOO555]

Centralized systems can easily migrate to post quantum encryption. Nuclear codes, banks, etc. crypto is inherently decentralized - therefore very difficult if not impossible to migrate. Do some research on the topic my guy 🤝

[@woy8]

nuclear codes and software is stored offline for obvious reasons (in floppies still if im correct)

[@MarkanVaran7]

what's wrong? scared?

[@OriginalCatfish42]

Theres been a lot of scaremongering lately, which means its buying season!

[@enzoabraham1092]

I say Nxs

[@Awakened.for.good1967]

I don't know about our crypto but I do know our bank accounts are not safe whatsoever

[@Craig_Dom]

Banks are centralized and can implement and roll out post quantum cryptography unilaterally, much easier task compared to decentralized networks (crypto)

[@ZacksHacks]

You are missing a key challenge of entanglement. The qubits have to be entangled to perform computation. In the spinning plate analogy, it is not just stabilizing more plates…for each spinning plate to be useful, it has to affect all of the others. Imagine a system of spinning plates where they are all stacked on top of each other like a house of cards such that a change in any one affects the others. That’s why you can’t just connect thousands of Willow chips together like a supercomputer does with regular processors. Yes we should work on Q proofing, but it is far from the imminent threat people believe.

[@TheContrarianThinker]

So, does that mean Arnie's not on the way 😁

[@hanelyp1]

Also, every q-bit has to be coherent at once to produce a good answer. Just using longer keys helps exponentially.

[@shaeenhussain5296]

QANplatform will solve all the issues Quantum computers will present. As seen/mentioned in Coin Bureau video

[@parapadirapa]

Guy really screwed up that permutation over there... 00, 01, 10 and... 00 😂

[@LUKASENKYT]

Its not like every hacker can build a computer like that in his garage

[@MountainSimone]

I’ve noticed this scam comment in the past month where people ask for help with their wallet and give out their seed phrase 😂😂😂

[@Satoru-Gojo]

💀💀💀

[@jacike]

If Quantum is like next dimension, so there time is different. So it will be easier to break codes, passwords because no time limitations. Right?

[@Torin-c3w]

Qanplatform (19.58 in the podcast) just partnered with IBM. Mainnet will be launched in Q1, 2025.

[@user-pe3gq9wo9h]

We've heard this "mainnet" promise before.

[@Triviorito]

Couple of things you got wrong: To break cryptography from Satoshis coins he must have to spend some amount, otherwise it’s impossible because he never exposed them to this attack. Regarding the change of protocol and how this would “betray the ethos” I disagree. If an improvement to the protocol is needed then it should be upgraded as all other systems will need to do. I think the fundamental ethos of Bitcoin is it’s fixed supply which will never change.

[@user-pe3gq9wo9h]

I thought bc the early btc wallets used different cryptography which btc later changed hence why it's vulnerable.

[@karlbeyleveld3399]

Well you can bet your bottom dollar that if Google has it, Military Intelligence has had it for much longer and it's already been perfected.

[@woy8]

idk why people think think this, except parroting other people. did AI come from the military? did internet search algoritms like google come from the military? this argument makes no sense to me, why could a billion dollar company not exceed the goverment or military, assuming you base this on something?

[@karlbeyleveld3399]

@@woy8 It's a well known fact that the Internet came from the military. The Internet originated from ARPANET, a project funded by the U.S. Department of Defense's Advanced Research Projects Agency (ARPA) in the late 1960s. ARPANET was designed to create a resilient communication network that could survive partial outages, such as those caused by nuclear attacks. Many technological products that have been commercialized (eg: microwaves etc) were first developed by the military.

[@phoenixjones7191]

​@@woy8no but they did invent nukes and the Internet so it's not like they're just sitting around

[@TheContrarianThinker]

​@@woy8 Actually, they did. Investigate who the CIA backed, for out-sourcing, of ideas/concepts! Corps like Google & Facebook, were VCed by them. Ideas _are_ militarised, long before they become real assets.

[@TheContrarianThinker]

Typical, mention a certain 3-letter organisation, you get deleted! Actually, they did. Investigate who the *** backed, for out-sourcing, of ideas/concepts! Corps like Google & Facebook, were VCed by them. Ideas _are_ militarised, long before they become real assets.

[@renovatio1257]

Algorand is Pioneering Falcon Post-Quantum Technology on Blockchain!

[@BandiMasha]

CIA

[@aksuu3000]

This is total bs, algorand is far away beeing qp.

[@Craig_Dom]

Having Peikert on the payroll doesn't automatically convey quantum resistance to the chain. Algo still uses ECC and is not quantum resistant

[@peteralmond8169]

Don’t waste your time. Doesn’t actually tell you which crypto they are talking about, instead just tells you to pay a monthly fee for this information. This channel used to be good and now it’s full of adverts, pumping and dumping and trying to get you to sign up for paying monthly for information you can find online. Waste of 20 minutes…thanks guy, thanks for F All 😂

[@PathsOfValor]

They cover shitcoins after all..

[@DJarvisOfficial]

I caught it. Just gotta pay attention. Hint: its seen, not spoken.

[@farukoker]

Couldn’t say more

[@donlowrance3954]

The future appears to be good for only high IQ people. It is not your parents linear thinking that they thrived on but a kind of ‘lost’ in space for the average IQ person😢

[@TravelswithDJay]

Cell frame $$CELL

[@TitanXWill1000X]

I can’t wait for quantum computers to make crypto and blockchains 😉

[@blueflowfish2115]

This is why i started watching CB...Guy & straight forward information, sorry other talking heads

[@joseaintmexican]

i knew i was doing the right thing not opening a babk account and just putting my money in my own safe

[@SimplyHuman186]

Quantum computers is not special. It's still the same materials as a computer. It's just a computer. The word quantum is tossed in front of anything to make it sound cool

[@zdsjarmina]

Why we need tech like this is beyond me

[@tt-jc7sb]

Guys don't watch these kinds of videos. They are making us scare. This guy is a fraud . Nothing happens to your bitcoin. Hold it

[@xtianvi]

13:43 1 Billion BTC?

[@ImTrimax]

Bitcoin could be protected by ICP.

[@ArloPignotti]

So Wane Gretzky was telling us all the other hockey players in the world were skating towards where the puck WAS like a bunch of doofuses? That’s ridiculous. I refuse to believe that. lol

[@kevinturvey8213]

the "once popular circus act"!!!! love it - i'm pretty sure no one under the age of 30 has ever seen such a thing...

[@djienf]

Great stuff. Keep it coming. Can you do any videos covering quantum stocks?

[@A.R_1]

The first and only project to use XMSS since QRL genesis 🚀🚀

[@aksuu3000]

QRL is leading quantum resistant blockchain running open source mainnet for 6 years.

[@tixus23]

That is absolutely not true ;) QANPlatform is the newest and easiest to use L1 quantum resistant blockchain. There's a bunch of other memcoing pretending to be quantum resistant.

[@markcarrillo2416]

Crypto will evolve. BTC is unstoppable.

[@issiewizzie]

The best explanation yet

[@williamboydsmith4773]

I love how people are scared of this quantum hack. A flip of a switch BTC could make a quantum computer look like an IBM 80286 from 1982. This is just another scare tactic from MSM!

[@nosuchthing8]

I remember getting a 286! It could actually run doom!!!!

[@Craig_Dom]

@@williamboydsmith4773 which switch gets flipped exactly that singlehandedly achieves consensus on which PQ tooling gets used while also migrating every wallet that ever existed into new ones?

[@xrpbold6264]

Bro..a flip of switch? talk is cheap..quantum is the next big thing, put in your mind that technology evolves faster than u think.

[@williamboydsmith4773]

@@xrpbold6264 I do this for a living bud! I DO KNOW!, it will take them 10 years at best!

[@kennycarneal6765]

Why can't whatever quantum computing is trying to break a code, why can't the code it's trying to break shuts down after 5 tries or something? Can't it figure out when something is shoving 1000 codes a second at it, that's it's not a human?

[@royal147]

19:58

[@Bet7088]

Thats the clue from coinbureau private group, now its up to you guys, buy it while its super cheap or miss one massive opportunity

[@tupaj123]

Can't you just have a 1 minute timeout for each incorrect guess?

[@myuseronly73]

lol 😂😂😂

[@TheArejoe]

I read about willow. Lots of doubt about claims of quantum computing. People say 20-25 years away when it can break current crypto algorithms. If the military gets their Hands on it then yes 2-5 yrs.

[@TheShaolin015]

Wouldn’t Google give encryption specialists time before they announce their ability to crack modern forms of encryption?

[@briankuhn7396]

Banks were barely ready for Y2K. I think it’s safer to store your buying power in crypto. Just remember that hard wallets that aren’t updated may not be quantum resistant. We will know it’s here when Satoshi’s wallet begins to move.

[@davidchau1854]

thanks team, great vid again

[@sspeedy3]

How can we buy these quantum safe crypto? which exchanges? especially for uk?

[@deebee1395]

Who’s watching on Christmas Day?

[@ChernDown4Wut]

Man... idk if ethereum can afford to be any slower lol

[@mrmikewilson]

How does Bitcoin get lost?

[@Jahson-Crypto]

People losing their keys

[@Craig_Dom]

@mrmikewilson a quantum computer with enough qubits can run Shor's algorithm which can reverse engineer a private key from a public key, so Satoshi's coins and everyone else that had a pay to public key wallet (pre 2012) have their coins at risk. On top of that, anyone with a QC can run a bunch of nodes and take the coins from any wallet that makes a transaction since you have to present a naked public key to the node when making your tx

[@ResortDog]

God bless the error rate to push Q day off until after grid failure.

[@motomike300]

Quantum computing in the wrong hands equalls a Quantum demise for society.

[@Nobody-vr5nl]

This encryption thing has been theoretical for like 8 years...

[@litwah579]

Beware some one will steal your Crypto?

[@SoloPlay]

So holding real gold in hand will be the best option afterall

[@Krptokrayon]

Even if you build a chip capable of hacking bitcoin you have to have the energy to power it.

[@Torin-c3w]

Qanplatform L1 (19.58 in the podcast) solves this quantum threat issue. Qanplatform has just partnered with IBM btw.

[@Jerz-o5t]

Scam

[@12draky]

Quan is a scam, erc20, shilled on twitter, stay away for your sake

[@SHMOO555]

19:58 Qan mentioned 🤝💎👀

[@Kalaishere]

​@@Jerz-o5t can you elaborate please.. QANplatform is a scam? So IBM and other organisations who partner with qanplatform are being scammed?

[@sebastiaanhintjens381]

No, it's not; a lot of questions have been raised by people like Ian Smith on X about the quantum safety of this project. Instead of answering, the community started blocking and ignoring those people. No transparency... I would choose CELL over and over again. They have a working product, and external checks have been done. 👀

[@jonathanlivingston7358]

1:55 you said the 00 combination twice. You should tell your text editor to pay attention 😉

[@user-pe3gq9wo9h]

Even chat gpt knows the best quantum resistant project out there.

[@NVRJ_TZ]

CELL - quantum Protection Blockchain

[@NVRJ1996]

Cell is legit project I am following longer time

[@NVRJ1996]

Agree 💯💯

[@rajtn1139]

So true it has SDK for C and python to build hole Blockchain

[@VAIKUNDARAJN]

🎉🎉🎉 truly cell

[@docutubr5008]

$CELL mainet live with DEX incorporated already 3 project build on top of it.

[@davegraham9100]

It is ridiculous that we live in 2024 and more than 10 time login attempts are allowed. This is a silly but real issue.

[@diguinhothebest]

ICP and Algorand are Quantum Computers resistant

[@user-pe3gq9wo9h]

Algorland is not currently qr, they claim they will upgrade later.

[@nftwist]

Cell is the biggest upside coin and the fastest plus it’s an L0 much more scalable than anything out there today!

[@user-pe3gq9wo9h]

@nftwist most of their volume is erc20, why are they using that coin when they have a qr network? That completely defeats the purpose.

[@craxxysum1264]

I ultimately rhink that quantum computing will join in securing decentralized networks, not vise versa

[@arvinbals]

XX Network Quantum computing

[@12draky]

Only QRL has XMSS

[@nftwist]

Only Cell is a layer 0 and 2 sharding plus NIST

[@mr.pangetako]

If its not safe, then quantum computer should be allowed to perform or produce.

[@hellomoto4906]

Love the channel but always a few days late with info..

[@air-ren]

by the time it’s capable of cracking the code the code itself will be capable of being impregnable again.

[@APE029]

So quantum ai 🤖 will take the bags

[@adrianjos04]

If all lost bitcoin wallets got hacked and recovered by quantum computing and it all dumped onto the market, that would be a dream come true for any who missed out on buying bitcoin at a low price......they could back the truck up & could buy in big time.....then watch it be driven back to all time highs again because now all bitcoin is now circulated thus no more risk in the future.

[@janeznovak2408]

YES, IT IS,..FOR NOW,..BUT NO NEED TO WORRY,..UPDATES ARE IN PROGRESS

[@likkageman7]

ICP IS QUANTUM PROOF..IS IT🤔

[@syntonic1000]

If we just look at our crypto, it will disappear. If we don't look, it will be there. The choice is ours.

[@12draky]

QRL is here dont worry

[@alldaysmile24]

First!! Merry Christmas 🎄

[@PGOLD-DALGO]

Algorand is Quantum Proof #AlgorandCan

[@Craig_Dom]

@@PGOLD-DALGO it's not

[@PGOLD-DALGO]

#PGOLD & #DALGO are ASA tokens, and they are indeed designed to be quantum-resistant. The platform employs a multi-layered security strategy against quantum threats, including quantum-resistant digital signatures and a Verified Randomness Function (VRF) that is being developed for enhanced security. Additionally, Algorand’s State Proofs utilize FALCON signatures, a post-quantum cryptography standard, to secure its blockchain history and state changes. This proactive approach ensures that both transactions and historical data are safeguarded against potential quantum computing vulnerabilities. I hope this clarifies your doubts.

[@PGOLD-DALGO]

#PGOLD & #DALGO are ASA tokens and Algorand’s ASA tokens are engineered for quantum resistance. The platform utilizes FALCON signatures, a post-quantum cryptographic standard, to secure its State Proofs, which validate the blockchain’s historical data and state changes.

[@bitcoinbrother]

it is more than safe it is future and now and everything

[@thomasjepsen338]

.. And sold on the open market.. Man. Merry Christmas😗

[@312_Girl]

Good morning Guy. Looking dapper thanks for everything.

[@1664smudge]

They are still developing this and it still is way of from the likes of us having one in the office

[@anemon8333]

Months ago you gave the name Algorand.

[@gc636]

Top quantum meta memecoins will include WILLOW and HERON.

[@ewetoobblowzdogg8410]

Is the XRP on my Ledger Nano safe? Am I supposed to do something with it on the QFS or face the threat of it not being accepted? Definitiely concerned here

[@nick_nam3]

if quantum can brake it, use quantum to secure it

[@spiderico00]

Nexus is one of the few projects that is quantum resistant, as far as we know.. lol It's been around since the beginning, it's still active, they are still building, the forgotten crypto project. Do your own research, but I'd get it now while it's still cheap.

[@Fishcakebuttie]

Would Quantum beable to crack the burn wallets?? And not forget LP pools and burnt pools!

[@ameliastabel]

Is it true that the Usual cryptocurrency and the stablecoin USD0++ will be adopted by Elon Musk's SpaceX company?

[@Imran-u6g]

Cell frame coin quantum moon project

[@Crazypostman]

I'm betting Bitcoin Core will have to do a hard fork at some point to protect itself.

[@Craig_Dom]

@Crazypostman going to be a very difficult and long process

[@user-zy5eb1sc5q]

If it's not safe, then nothing is

[@JMSouchak]

"Restoring" lost wallets can be seen as a new form of mining... 😅

[@enzoabraham1092]

Nxs

[@VinnieFritsch]

You’re crushing it! Step Finance might be the DeFi star Solana needs right now.

[@HétéroSapiensSapiens]

Minima blockchain is quantum resistant.

[@alcyrona28]

crypto is done. btc is done. many people are skipping this bullrun until now. no more dumb money flowing into crypto.

[@DiddleVme]

19.58