Ryan Sean Adams
👤 SpeakerAppearances Over Time
Podcast Appearances
Let me ask you the same question though.
So it's not just some portion of Bitcoin supply that is...
post-quantum insecure.
Also, Ethereum has this problem too, but with a different percent of supply.
Can you map that same problem?
So we get to a post-QDA scenario.
Oh my God, somebody, let's say they didn't freeze and burn.
Somebody is grabbing, scooping up the Satoshi Bitcoin.
What is happening on Ethereum at this point in time?
What percent of supply would be susceptible?
Let's just say Ethereum didn't solve quantum yet.
So let's just say it's in its current place.
What percent of supply would be vulnerable to this type of an attack?
But you have like the parity hack, isn't that a large portion?
So you think maybe at max 2%, 3%, 4%, 5% of Ethereum supply is kind of both lost and in quantum crackable addresses.
So Ethereum will have to make this same choice, right?
Rather to, you know, so let's say it's something like 3%, whether to do the freeze and burn or just let that be a treasure hunt.
And your hope is that we just go with the treasure hunt option, which means some sort of quantum attacker will be able to scoop up that 1, 2, 3% of Ether.
Okay, so we have just talked about the soft social issue that quantum computing brings up.