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This is wrong. If you actually dug into the subject, you'd realize that due to decentralized nature of the asset there a myriad of nuances that will PREVENT smo
by r33b33 1y ago
This is wrong. If you actually dug into the subject, you'd realize that due to decentralized nature of the asset there a myriad of nuances that will PREVENT smooth transition to quantum resistant protocol. It is simply not viable and it is absolutely NOT priced in. Believe me, I've read EVERYTHING I could on this topic and Bitcoin not being ready for quantum computers is the biggest elephant in the room right now.
- mandmandam 1y agoI'd be interested in your take on block lattice... I often hear that things like Nano are 'quantum-resistant', but I don't know enough about what that really means to be entirely confident about it.
- patrakov 1y agoContrary to the popular myth, Bitcoin is not fully decentralized. Those who write the code and convince others to run it have the absolute power. For example, they can enforce US sanctions by including the GeoIP database and making each node refuse transactions from IP addresses of the "wrong" countries, if they can convince others that this code is the code to run. Likewise, they have successfully enforced a number of protocol changes and hard forks in the past.
- enether 1y agoWhy don't you make a convincing long-form write-up about this then? Start a discussion in any bitcoin forum like stacker news - I'm sure you'll get a lot of attention