David Hoffman
👤 SpeakerAppearances Over Time
Podcast Appearances
They have a different architecture and a different style attack.
There's a fast attack, which Google was talking about, and a slower attack that would take days to go attack a key.
But with the slower attack in their message, in their method, they improved Shor's algorithm by 50x.
So in this configuration, it would only take 10,000 reconfigurable atomic qubits to attack.
So there's multiple attack vectors, and at some level, the atomic qubits
Yeah.
And the oratoric paper was even more concerning.
So flashing red lights, you'd think.
Yeah.
I'm not so sure.
I mean, so let's talk about Bitcoin.
Right.
The paper talks about this could be like the level of change that led to the hard fork that created Bitcoin Cash.
Because if you drop performance with new algorithms, then what are you?
Are you a big blocker or a small blocker?
There could be two sides to that debate.
If only that was the only problem.
The other, I think the main problem as well, I don't know, they're all main problems is you've got 6.9 million Bitcoin, a third of all supply that is vulnerable to quantum attack.
Now, some of that can be migrated except for the 2.3 million or so, which is 10 to 15% of all Bitcoin supply.
That is Satoshi's keys and lost keys and keys that haven't been touched.