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Frequently asked quantum questions (FAQQ) is a wikimedia website towards answering, in a well-referenced fashion, common statements, assertions, and misconceptions about how quantum computing will effect Bitcoin along with the rest of the blockchain space.
Frequently asked quantum questions (FAQQ) is a wikimedia website towards answering, in a well-referenced fashion, common statements, assertions, and misconceptions about how quantum computing will effect Bitcoin along with the rest of the blockchain space.


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It's put together by contributing members from the [https://theqrlcontributors.org Quantum Resistant Ledger].</translate>


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==<strong>Overview</strong>== <!--T:3-->
==<strong>Overview</strong>== <!--T:3-->


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==<strong>Further reading</strong>==
==<strong>Further reading</strong>==


=== Current News Articles (2021) ===
=== Current News Articles ===
* [https://bitcoinmagazine.com/technical/quantum-computing-and-bitcoin-security 10/2021 Bitcoinmagazine: Quantum Computing - a risk to bitcoin?]
* [https://scitechdaily.com/revolutionary-material-may-solve-key-quantum-computing-issue-for-ibm-and-google/ 03/2023 www.scitechdaily.com: revolutionary material may solve key quantum computing issue for IBM and Google]
* [https://www.loop.markets/prepare-for-post-quantum-cryptography/ 10/2021 loop: prepare for post quantum cryptography]
* [https://www.chemistryworld.com/news/record-room-temperature-superconductor-could-boost-quantum-computer-chips/4017114.article 03/2023 www.chemistryworld.com: record room temperature superconductor could boost quantum computer chips]
* [https://californianewstimes.com/physicists-create-new-technique-to-control-qubits-the-building-blocks-of-quantum-computing/546223/ 10/2021 California: learning to control qubits]
 
* [https://www.newelectronics.co.uk/content/news/quantware-delivers-scalable-superconducting-quantum-computers 02/2023 www.newelectronics.co.uk: scalable superconducting quantum computers]
* [https://blog-google.cdn.ampproject.org/v/s/blog.google/inside-google/message-ceo/our-progress-toward-quantum-error-correction/amp/?amp_gsa=1&amp_js_v=a9&usqp=mq331AQKKAFQArABIIACAw%3D%3D#ampshare=https%3A%2F%2Fblog.google%2Finside-google%2Fmessage-ceo%2Four-progress-toward-quantum-error-correction%2F 02/2023 google / alphabet: advances in qauntum computer error correction]
* [https://www.informationweek.com/security-and-risk-strategy/is-it-time-to-start-worrying-about-quantum-computing-security- 02/2023 www.informationsweek.com: is it time to start worrying about quanum computing security?]
 
* [https://phys.org/news/2023-01-quantum-physicists-sources.html 01/2023 phys.org: Quantum physicists determine how to control 2 quantum light sources rather than one]
* [https://www.globenewswire.com/news-release/2023/01/12/2588331/0/en/Quantum-Computer-With-Billions-of-Qubits-Closer-After-New-Spin-Control-Method-Discovered.html 01/2023 www.globenewswire.com:  Quantum Computer With Billions of Qubits Closer After New Spin Control Method Discovered]
* [https://www.schneier.com/blog/archives/2023/01/breaking-rsa-with-a-quantum-computer.html/ 01/2023 www.schneier.com: Breaking RSA with a quantum computer]


* [https://www.nasdaq.com/articles/is-this-new-technology-the-biggest-threat-to-crypto-2021-09-26 09/2021 Nasdaq: the danger of quantum computers to crypto]
* [https://www.eurekalert.org/news-releases/928323 09/2021 Eurekalert: Light does the twist for quantum computing]
* [https://www.zdnet.com/article/quantum-computing-is-at-an-early-stage-but-investors-are-already-getting-excited/ 09/2021 ZDNet: Investors are getting excited about quantum computing]


* [[Other_News|Other News Articles]]
* [[Other_News|Other News Articles]]
* [https://www.forbes.com/sites/billybambrough/2021/08/21/urgent-warning-issued-over-the-future-of-bitcoin-even-as-the-crypto-market-price-smashes-past-2-trillion/ 08/2021 Forbes: Bitcoin vulnerable as soon as 2026?]
* [https://www.iflscience.com/technology/researchers-create-scalable-quantum-chip-that-works-at-room-temperature/ 08/2021 Researchers create a scalable quantum chip that works at room temperature]
* [https://sifted.eu/articles/diamond-quantum-computer/ 08/2021 A Quantum computer will fit in your phone in the future]


=== Series: Quantum resistant blockchain and cryptocurrency, the full analysis ===
=== Series: Quantum resistant blockchain and cryptocurrency, the full analysis ===
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* [https://arxiv.org/pdf/1710.10377.pdf Quantum attacks on Bitcoin, and how to protect against them]
* [https://arxiv.org/pdf/1710.10377.pdf Quantum attacks on Bitcoin, and how to protect against them]
* [https://eprint.iacr.org/2017/598.pdf Quantum Resource Estimates for Computing Elliptic Curve Discrete Logarithms]
* [https://eprint.iacr.org/2017/598.pdf Quantum Resource Estimates for Computing Elliptic Curve Discrete Logarithms]
* [https://venturebeat.com/2022/03/04/nato-and-white-house-recognize-post-quantum-threats-and-prepare-for-y2q/amp/ 03/2022 Venturebeat: Nato and The White house recognize the quantum computer threat to encryption]
<small>This site is put together by contributing members from the [https://theqrlcontributors.org Quantum Resistant Ledger].</small>

Latest revision as of 08:32, 13 March 2023

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Frequently asked quantum questions (FAQQ) is a wikimedia website towards answering, in a well-referenced fashion, common statements, assertions, and misconceptions about how quantum computing will effect Bitcoin along with the rest of the blockchain space.


Overview

Assertions

  1. Quantum Computing is Coming
  2. It's going to affect Bitcoin

Misconceptions

  1. Bitcoin's developers have already planned for this.
  2. Bitcoin will just hard/softfork
  3. If they can break SHA_256, we’ll upgrade to SHA_384
  4. But if you don’t reuse addresses, you’re safe because BTC only exposes the hash of your public key if you have never transferred BTC from that address
  5. Quantum computing is a long ways away, there's no need to bother
  6. If ECDSA will be broken, banks and the whole internet is broken. Blockchain is the least we’ll need to worry about then.


Further reading

Current News Articles


Series: Quantum resistant blockchain and cryptocurrency, the full analysis

  1. Laying the groundwork
  2. Blockchain mathematical concepts
  3. Quantum resistant blockchains explained
  4. Challenges in upgrading existing blockchains
  5. Challenges in upgrading existing blockchains, continued
  6. Why BTC is vulnerable for quantum attacks sooner than todays estimates
  7. Common arguments and false claims

Academic Papers


This site is put together by contributing members from the Quantum Resistant Ledger.