quantum ⚛️

Google's quantum announcement today suggests we're inching closer and closer to crypto (in its current form) being unsecure

Draw downs are likely to correlate more prominently with news on quantum progress until chains are post-quantum secure

I think it's impossible for 2 reasons. It's a completely different architecture. Yes qcomps are extremely fast, but at things that do not happen in traditional computers, it can't for example do really really fast open a chrome tab. Even tho it might be able to store data in a parallel dimension. Second, although security industry is lagging af, they will be foreced to catcch up, as happen from physical security to cybersecurity when hackers could casually tap into banks and even the cia. So my point is, there will be always a relevant balance with obvious overspilling here and there. By the time qcomps will be able to hack blockchain systems, A. blockchain systems will be a trillion times larger and faster. B. we will have equivalent quantum security in place.

Do you think we'd be able to use quantum computers to secure existing chains, or would we need quantum chains from scratch? I assume devs have been considering this since QCs have been expected for years.