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RE: Quantum Computing: A Simplified Explanation
With the combination of quantum computers and super conductors we will ruely be in a new world. I have been studying the field of Bose Einstein condensates and the BEC cross over. I really hope that someone with a new idea can produce a super conductor at room temperature soon.
If such technology becomes available then mining will become a lot more easier and profitable; for us crypto creeps i mean haha.
Nice article man, maybe read it through i saw a few mistakes, and this information deserves accuracy.
Follow me if you like science i have a few cool posts and will post regularly with quirky physics topics.
MadMac
But what if mining becomes too easy? Wouldn't cryptos loose their value?
I guess mineable coins would lose value. Due to simplicity of minig, but it depends on the cost of hardware, we might be 10-15 years away from quantum super computer miners. Crazy thought though right?
lol. this will lead to excess coin in circulation, hence, decrease the value of a coin.
No doubt about that but you know how broad the subject is. A comprehensive article will take good care of it, maybe you could be of help.
In fact as i was writing my point the decrease in value came to mind. You are totally right, I guess the first to acess such device for mining will do very well in the short run.
The article was cool, to explain basically it was nice. One thing for example was you mentioned that transistors are the size of atoms then say they are nano meter scale.
No worries dude. Maybe i'll publish something in the next day or two, focusing on the physics.
Cheer @emevoic
Thank you. I'm awaiting to read your post.
I'm more worried about quantum computers being able to decrypt the encryption that makes cryptocurrency so trustworthy. Given the recent advances we've seen in quantum computing later? That might actually be a real concern soon.
@edmurphy Infact it's try if computers could process information at magnitudes faster then decryption could be completed within seconds. I guess at that point computer scientists would need to implement a new method of security.
Good
@edmurphy Infact it's try if computers could process information at magnitudes faster then decryption could be completed within seconds. I guess at that point computer scientists would need to implement a new method of security.