Content
@
https://opensea.io/collection/memes-77
0 reply
0 recast
0 reaction
Sui
@sui
Bankers saying Quantum Computing will break the Bitcoin Encryption. But, Banks Pin🔑 v/s Bitcoin Private Key 🔑
4 replies
5 recasts
43 reactions
Thumbs Up
@thumbsup.eth
Pretty sure banks also use SHA256 or similar. The pin is just a confirmation like faceID on Rainbow. The card is the signing key holder and the terminal (ATM etc) queries the public key. The added risk of blockchain is that the database itself is open so someone with the private key can access it from anywhere in the world without any notification to the user. I say this as someone in favour of replacing banks with crypto. But let’s be honest about it is all 🙂
1 reply
0 recast
1 reaction
Sujit 🇮🇳 🎩
@0xsujit
And we are just beginning!
0 reply
0 recast
1 reaction
gFam.live (UrbanGladiator)
@gfam
These aren't comparable. To use the PIN you need the card. To break into someone's bank account you need the account number and password, and now usually MFA. Govt agencies and Financial institutions are upgrading to Quantum-resistant algorithms... but for BTC to do the same it'll need a hard fork.
0 reply
0 recast
1 reaction
Ghasem 🎩🐹
@gha5em
Satoshi was much smarter that everyone thinks. Also, bitcoin has a great community that support it and won’t let anyone hurt it
0 reply
0 recast
0 reaction
Saeedeh 🎩
@saeedeh
Before it happens, i’m sure bitcoin community will find a way for that Don’t you think so? 332 $ DEGEN
0 reply
0 recast
0 reaction
ngmi🔵
@ngmi
was reading about quantum last week. could you share with me what you saw?
0 reply
0 recast
0 reaction
