Banjo Hangout Logo
Banjo Hangout Logo

Premier Sponsors

2455
Banjo Lovers Online


Dec 10, 2024 - 10:27:43 AM
Players Union Member

rinemb

USA

16741 posts since 5/24/2005

Crazing processing speed may be coming in unbelievable speed...if error/failure barriers have indeed been breached? (Interesting read) Brad

https://www.livescience.com/technology/computing/google-willow-quantum-computing-chip-solved-a-problem-the-best-supercomputer-taken-a-quadrillion-times-age-of-the-universe-to-crack

Dec 10, 2024 - 12:17:36 PM

banjo bill-e

Tuvalu

14062 posts since 2/22/2007

Hmmm. Bitcoin are "mined" by a computer solving a problem so difficult that it requires a lot of energy and computing power. Seems that a quantum leap in computing power could eliminate that difficulty? Just the musings of a non-technical mind, I don't understand any of this.

Dec 10, 2024 - 12:49:36 PM
likes this

4850 posts since 4/29/2012

quote:
Originally posted by banjo bill-e

Hmmm. Bitcoin are "mined" by a computer solving a problem so difficult that it requires a lot of energy and computing power. Seems that a quantum leap in computing power could eliminate that difficulty? Just the musings of a non-technical mind, I don't understand any of this.


The value of cryptocurrencies derives from the difficulty of generating a solution, and the limit on the number of solutions (and, of course, the existence of people willing to exchange it for real stuff). A quantum solution to a conventional crypto algorithm would trash the value of the currency, unless it had all been 'mined'. No doubt if we see practicable quantum computers we'll see new algorithms that are difficult to mine. But if I had any old school Bitcoin I'd be worried about its long term prospects.

Dec 10, 2024 - 1:05:58 PM

banjo bill-e

Tuvalu

14062 posts since 2/22/2007

Also seems like maybe no password would be safe anymore if all possible combinations could be tried in moments?

Dec 10, 2024 - 2:15:29 PM

4850 posts since 4/29/2012

quote:
Originally posted by banjo bill-e

Also seems like maybe no password would be safe anymore if all possible combinations could be tried in moments?


Conventional passwords (at least 8 characters, upper and lower case, numbers and symbols) are surprisingly resistant to brute force solutions (about 8 to the power of 80 possibilities depending on allowable symbols). So I wouldn't worry that a quantum computer will hack into your BHO account any time soon. Decryption may be a different matter.

Dec 10, 2024 - 4:45:47 PM
Players Union Member

rinemb

USA

16741 posts since 5/24/2005

The problem is…energy/power to run this technology. So far, it would appear the infrastructure of America’s grid is so poor, even with a super effort and expense to add and connect grid with poles and wire and money, it is not possible to serve the upcoming technology. I doubt I will live long enough to witness the gridlock? Brad

Dec 12, 2024 - 7:01:37 AM

4850 posts since 4/29/2012

quote:
Originally posted by rinemb

The problem is…energy/power to run this technology. So far, it would appear the infrastructure of America’s grid is so poor, even with a super effort and expense to add and connect grid with poles and wire and money, it is not possible to serve the upcoming technology. I doubt I will live long enough to witness the gridlock? Brad


The infinite speed of commercial quantum computers will arrive at the same time as the free and clean power of commercial fusion reactors. I'm not holding my breath for either.

Dec 12, 2024 - 8:32:06 AM
Players Union Member

rinemb

USA

16741 posts since 5/24/2005

quote:
Originally posted by AndrewD
quote:
Originally posted by rinemb

The problem is…energy/power to run this technology. So far, it would appear the infrastructure of America’s grid is so poor, even with a super effort and expense to add and connect grid with poles and wire and money, it is not possible to serve the upcoming technology. I doubt I will live long enough to witness the gridlock? Brad


The infinite speed of commercial quantum computers will arrive at the same time as the free and clean power of commercial fusion reactors. I'm not holding my breath for either.


A agree, mostly.  And I doubt my next laptop will be "quantum" speed.  Brad

Terms of Use | Privacy Policy | Privacy Consent
Copyright 2025 Banjo Hangout. All Rights Reserved.





Hangout Network Help

View All Topics  |  View Categories

0.1650391