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   Asheville Charlie (avlcharlie@mastodon.social)'s status on Thursday, 26-Oct-2023 22:50:08 JST Asheville Charlie

   • Sabrina✨

   @ryanhoulihan
   The article says there's too much qbit error so this is more of a proof of concept..still.. this does bring many questions and problems to the front burner..

   • Embed this notice
     chrishazfun (chrishazfun@mastodon.social)'s status on Thursday, 26-Oct-2023 22:50:17 JST chrishazfun

     • Sabrina✨

     @ryanhoulihan Decryption threatens E2E messaging too so I hope this doesn't end up in some govts arsenal

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     sanae :vbike: :vbus: (SF) (sanae@carfree.city)'s status on Thursday, 26-Oct-2023 23:21:27 JST sanae :vbike: :vbus: (SF)

     • Sabrina✨

     @ryanhoulihan a world where like specifically governments can decrypt things and nobody else would be an interesting one, though I think work on quantum resistant cryptography is coming along pretty fast

     It would really hurt anyone who wants to say something their government disapproves of, but also with regular banking, email, secure corporate networks etc maybe being compromised as well, and these tools only being available to the most sophisticated attackers, that will be interesting

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     Alexandra Beekers 🏳️‍🌈🌍 (alexandrab@mastodon.social)'s status on Thursday, 26-Oct-2023 23:37:37 JST Alexandra Beekers 🏳️‍🌈🌍

     • Sabrina✨

     @ryanhoulihan Probably not
     https://www.nature.com/articles/s41598-023-32701-6
     The ECDSA scheme for signing transactions is under threat, but will be replaced during Ethereum 2.0 Serenity update. (Src: https://consensys.io/blog/how-will-quantum-supremacy-affect-blockchain )

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     E_Nonymouse (e_nonymouse@mastodon.social)'s status on Friday, 27-Oct-2023 00:08:41 JST E_Nonymouse

     • Sabrina✨

     @ryanhoulihan The market is so crazed about crypto currency, it kind of feels like an 80's era of investment where people ask fewer questions and just go with it. I saw a similar sort of bullish behavior when Kickstarter type companies popped up.
     There's already been so many fake or fraudulent crypto currencies i'm surprised at the eagerness of the market to dive into it.
     Crypto was developed as a tool for organized crime to move money without being traced, despite what some may say about it.

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     E_Nonymouse (e_nonymouse@mastodon.social)'s status on Friday, 27-Oct-2023 00:13:15 JST E_Nonymouse

     • Sabrina✨

     @ryanhoulihan China, Russia, North Korea, some of the Middle East. All of the above already are capable of producing convincing looking forgeries of US currency at the government level.
     China itself is a land full of investment scams, fake or fraudulent crypto's seems to be a regular occurence. Chinese citizens are sad shape as the country enters economic free fall.
     N.K. runs its own covert black market for all manner of scams to fund the Kim families goals, while their people starve.

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     E_Nonymouse (e_nonymouse@mastodon.social)'s status on Friday, 27-Oct-2023 00:24:59 JST E_Nonymouse

     • Sabrina✨

     @ryanhoulihan Encryption is only as good as the math its based on. Some of the ciphers used are not as strong mathematically as people think.

     Crypto uses a wide range of bit ratings from 512-2048, some may go beyond that.
     Encryption attacks have been evolving now for a decade or so (rainbow tables etc).
     I had predicted a form of attack i've not seen yet using clustered computational power of peoples phones via a backdoor hack & botnet. It crunches numbers similar to how bitcoin functions.

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     John Leach (johnl@mastodon.social)'s status on Friday, 27-Oct-2023 05:53:51 JST John Leach

     • Sabrina✨

     @ryanhoulihan https://scottlocklin.wordpress.com/2019/01/15/quantum-computing-as-a-field-is-obvious-bullshit/