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cryptography

  • Tue, Jan 15, 2013 - 01:19am

    #13

    Jim H

    Status Diamond Member (Offline)

    Joined: Jun 08 2009

    Posts: 1798

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    cryptography

I am not the expert.. but I would think that, if and when practical quantum computers come in to being, that the crypto-keys for Bitcoin could be upgraded to quantum strength as well;

http://en.wikipedia.org/wiki/Quantum_cryptography

This would of course depend on the democratization (there's that word again) of access to quantum computers… and one might assume that governments will have access to them (think Gov't funded defense oriented research) before the Bitcoin crowd…  so it is hard to be completely comfortable with Bitcoin in the very long term (say, 10-15 years).  Then again, in the "world made by hand" that Jim Kuntsler describes, we won't have the internet post-collapse.. so that's a different kind of problem : )