CryptoRocket

Ohio and Switzerland? Not really a fair comparison. Switzerland has a strong financial system. If money was a country, it’d totally be Switzerland.

I think breaking Bitcoin is low on the priority list for a lot of investment. Real businesses want big bucks, like medical advances.

I get it, but wouldn’t it be smart to try breaking smaller keys first? Understand how these elliptic curves were made before tackling the big ones?

LOL, and it’s only been a month since Fillippone mentioned it. Interest is growing fast. Lots of peeps are jumping into quantum computing.

Even if someone cracks it soon, it’d take ages to successfully do that. Plenty of time for Bitcoin to upgrade and protect itself.

So, I just heard about this competition from Project 11 where you can snag 1 BTC if you can break Bitcoin's elliptic curve cryptography using a quantum computer. Sounds wild, right?

From what I read in the paper, the researchers didn’t even confirm finding CP. They just mentioned a claim from an online forum without verifying it for legal reasons. Sure, anyone could add CP in the future, but courts…

Even if it exists, it doesn’t mean having the blockchain is illegal. Sure, there's illegal content, but it’s just binary data. You’d need a lot of effort to even find and view it. Just like if some rogue engineer hid…

But putting their ID out there isn’t fair either. They need to protect their stuff too. Still, we should verify through SEC or similar.

Logging IPs isn’t useful either. Just because it’s noted doesn’t mean it’s the originating node. If you connect directly to one node, all transactions go through it initially, which can mislead the logs.

Lol why so curious about my curiosity? I made a broadcast a few weeks ago and I think I used around 0.5 sats/vbyte but I forgot which node I was on. Just curious, really. Kinda funny how I need desktop Electrum for this…

I searched around but found nothing. Google didn't pull up anything useful on OP's question either. Even ChatGPT wasn’t any help.

You really don’t need to stress about this. It’s not being built on Bitcoin itself. It’s happening on Ethereum, as a layer-2 solution. AI is used for trading on that chain. They automate trading between blockchains, but…

Bitcoin's got potential, sure. But it’s not just about the opposition; anyone in Iran can benefit since their currency is crashing. Things are calming down and some internet is coming back, but I wouldn’t trust the…

Right? Stacks seems more focused on smart contracts than actually fixing scalability issues. Generally, Layer-2 solutions are the way forward, but Stacks may not be the best example.

Yeah, but what’s the actual flavor of the cookies?

A database leak back in 2014 showed a lot of personal info, right? Between balances and IPs... who knows how much info was exposed over the years.

Totally with you on that. They’re either taking the keys by force or getting compliance from the owner. If the coins are with a government-compliant exchange, it can easily be frozen.

Didn’t realize the gap was so vast. CPUs vs. GPUs used to be hundreds, now it seems like thousands. I mistakenly thought ASICs were all about similar boosts.

Haha, true. First ASICs pushed miners from MH to GH, now we’re in TH territory. This SHMT just looks at using existing power better, not really boosting speeds.