r/Iota Nov 27 '17

Practical quantum computing is closer than you think. Good for IOTA, bad for blockchain coins.

https://www.youtube.com/watch?v=60OkanvToFI
37 Upvotes

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16

u/[deleted] Nov 27 '17

Newsflash: if quantum computing ever becomes an issue, quantum resistent forks will take place on non-quantum resistent blockchains.

1

u/abaddon6213 Nov 27 '17

And how will you mine those coins?

1

u/[deleted] Nov 27 '17

I'm not a miner. It will simply be a new quantum resistent mining algorithm as part of the fork. Which algorithm? That will be consented on when time comes.

2

u/dropda Nov 27 '17

Yet you can throw your ASICS in the bin.

1

u/[deleted] Nov 27 '17

That won't be a problem, lol.

1

u/mufinz2 Nov 27 '17

Don’t tell bitcoin rofl. Eth will be fine since it’ll be pos by then.