title
stringlengths
22
99
published
unknown
url
stringlengths
28
28
id
stringlengths
16
31
text
stringlengths
1
553
start
float64
0
15.2k
end
float64
1.68
15.2k
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t143.83999999999997
From that private key, your computer will perform a function called elliptical curve multiplication
143.84
152.68
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t152.67999999999998
and through this elliptical curve multiplication process, you end up with your public key
152.68
158.6
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t158.6
and your public key is what you share with everyone else to send to.
158.6
163.52
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t163.52
So where the whole issue comes in is this process between this 256-bit random number which
163.52
173.44
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t173.44
is your private key to where your wallet generates from that a public key through this elliptical
173.44
179.72
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t179.72
curve multiplication process.
179.72
182.88
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t182.88
That is conventionally considered to be a one-way function.
182.88
187.08
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t187.08
It only works in one way.
187.08
189.64
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t189.64
You can take a private key and you can generate a public key but you can not take a public
189.64
198.6
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t198.6
key and generate a private key.
198.6
202.96
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t202.95999999999998
This whole quantum threat that everyone is talking about is the ability to be able to
202.96
207.24
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t207.23999999999998
take that using short algorithm and a process called quantum-free or transform and cube
207.24
215.76
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t215.76
it with a sufficiently powerful quantum computer.
215.76
219.84
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t219.84
You in theory can take that public key and generate a valid private key.
219.84
227.08
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t227.07999999999998
So this is less about reusing addresses and a lot of the other things that you hear people
227.08
234.32
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t234.32
talk about online as far as security concerns and anonymity.
234.32
239.4
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t239.39999999999998
This is less about any of that.
239.4
240.72
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t240.72
It really just comes down to this one fundamental part.
240.72
246.64
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t246.64
In the early days Bitcoin used to write the public keys into the blockchain.
246.64
254.32
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t254.32
Nowadays, just the hashes are being written into the blockchain.
254.32
258.56
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t258.56
As far as we know, there isn't a conventional or quantum way to be able to take a hash
258.56
266.24
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t266.24
in the blockchain and then be able to find and then be able to transfer that into a private
266.24
273.28
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t273.28000000000003
key.
273.28
274.28
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t274.28000000000003
As far as we know, that doesn't exist.
274.28
275.28
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t275.28000000000003
But the fact is that public keys are everywhere.
275.28
282.76
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t282.76
They were never really intended to be private.
282.76
284.72
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t284.72
So I mean, they exist.
284.72
285.72
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t285.72
I saw something online the other day where it says up to 30% of public keys are within the
285.72
294
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t294.0
Bitcoin block space, within the Bitcoin block space, we're already known.
294
298.28
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t298.28
So like I said, these were never intended to be private, but it was also Bitcoin was never
298.28
303.36
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t303.36
built around the quantum threat.
303.36
305.08
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t305.08
So this one way function of being able to go from this one way function of generating
305.08
310.32
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t310.32
a public key from a private key was never intended or imagined to be reversed theoretically
310.32
317.52
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t317.52
at the time.
317.52
319
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t319.0
But with a sufficiently powerful quantum computer, you in theory can do that.
319
326
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t326.0
So I hope that explains a little bit about the Bitcoin wallet process and breaks that down
326
331.64
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t331.64
into something understandable and digestible.
331.64
335.4
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t335.4
Now I appreciate it.
335.4
336.76
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t336.76
It's very complex, but to try to break it down into a succinct answer like that, that
336.76
343.32
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t343.32
really helps one part that I want to kind of go into is kind of the second and final
343.32
348.32
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t348.32
question just for today's episode is there's been talk and you know, whether we're talking
348.32
354.04
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t354.04
Bitcoin or Ethereum and how it's tied to the quantum threat of, hey, when the quantum
354.04
360.44
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t360.44
threat, you know, when when it reaches a point where it's actually a threat, you hear
360.44
365.52
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t365.52
some people talk about, well, you know, at that point, there's really not a worry.
365.52
369.72
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t369.71999999999997
We already have a plan for that.
369.72
371.08
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t371.08
There's just going to be a simple, you know, not a simple, but there'll be an upgrade
371.08
374.24
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t374.24
or it'll fork at that time to something that's quantum to secure.
374.24
378.28
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t378.28000000000003
But can you dive a little bit into what they're saying behind that and then actually,
378.28
385.24
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t385.24
you know, what is more of the likely scenario, what's going to happen?
385.24
389.04
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t389.04
Because just saying that you're going to upgrade or, you know, fork to something that's
389.04
393
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t393.0
quantum secure, then it doesn't really, you know, if you go on to YouTube or if you're
393
397.12
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t397.12
just searching, you know, the interwebs, it doesn't really give it.
397.12
400.28
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t400.28000000000003
It's not really a good answer and I don't think it really answers the question.
400.28
403.52
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t403.52
So could we dive into that a little bit?
403.52
405.84
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t405.84
Yeah.
405.84
406.84
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t406.84
So if you go online and you start looking at what people are saying regarding their
406.84
413.16
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t413.15999999999997
projects or, you know, if they're, you know, if they're in support of a project, they'll
413.16
419.92
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t419.91999999999996
say all of the conversations come down to essentially one thing.
419.92
425.6
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t425.59999999999997
And if you, if you distill everything, it comes down to, well, the project will just
425.6
428.88
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t428.88
be hard for it.
428.88
434.88
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t434.88
But with many things in life, you have to look, you have to look below the surface.
434.88
440.48
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t440.48
Hard forking by itself is something that projects do somewhat often, I would say, but the
440.48
448.8
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t448.8
type of hard fork and the projects that would need the hard fork and the, and the scope of
448.8
454
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t454.0
the quantum threat are really things that are things that people aren't really talking
454
459.8
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t459.8
about.
459.8
460.8
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t460.8
I'll use Bitcoin for an example.
460.8
461.8
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t461.8
If you go online, you'll see, okay, well, is, is, is the quantum threat, does that, does
461.8
467.56
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t467.56
that directly threaten Bitcoin?
467.56
468.8
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t468.8
You'll see Paul's, of course not.
468.8
470.04
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t470.04
Bitcoin can just hard fork.
470.04
472
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t472.0
Okay, well, that's not entirely, that's not entirely true.
472
475.76
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t475.76
If you, if you were to hard fork Bitcoin, the problem isn't really the protocol itself
475.76
482.76
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t482.76
and some sort of consensus model.
482.76
484.32
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t484.32
The problem is the addresses themselves.
484.32
486.6
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t486.59999999999997
As we talked about a few minutes ago, you have the private address and then you have
486.6
491.04
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t491.03999999999996
the public address.
491.04
492.36
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t492.36
These are the addresses that are in the beginning of the blockchain are in there now.
492.36
496.84
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t496.84
And this, this is a fundamental part of the chain.
496.84
499.92
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t499.92
In order, in order for you to go quantum secure in Bitcoin, you'd have to change the
499.92
504.2
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t504.2
entire addressing structure.
504.2
506.36
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t506.36
Now, respective to consensus, Bitcoin does consensus very well with proof of work, right?
506.36
514.68
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t514.6800000000001
It uses, it uses modern, it uses, you know, relative to the modern cryptography in order to
514.68
519.72
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t519.72
reach consensus on transactions.
519.72
522.36
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t522.36
But what it really doesn't do as well is consensus for governance of the protocol.
522.36
528.6
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t528.6
This is completely distributed.
528.6
530.56
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t530.5600000000001
So point being, if you were to try and make, let's say you want, let's say there was
530.56
535.28
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t535.28
a sufficient number of people came together in this openly governed project, which is Bitcoin
535.28
541.76
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t541.76
and they wanted to go quantum.
541.76
543.44
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t543.4399999999999
You would have to gain consensus, not just ongoing quantum secure, but the type and way
543.44
548.24
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t548.24
in which you wanted to go quantum secure.
548.24
551.16
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t551.16
Then you would need to find consensus on the code and then you would need to have everyone
551.16
554.92
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t554.92
change their addresses at some point and you would have to have everyone upgrade their nodes.
554.92
559.2
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t559.1999999999999
Essentially, everything would need to change.
559.2
561.36
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t561.36
I mean, I can't consider, I can't view it anything less than what would be Bitcoin 2.0.
561.36
569.32
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t569.32
So it's not, the type of change would be, I would say the scale or scope of this type of
569.32
575.88
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t575.88
change would be unprecedented in the blockchain community.
575.88
578.48
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t578.48
So not to say it's impossible.
578.48
581.12
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t581.12
The crypto, you know, the crypto ecosystem has incredibly dedicated, you know, incredibly
581.12
586.84
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t586.84
dedicated and intelligent developers, you know, there's a lot of creativity in this entire
586.84
592.92
QRL Q & A #2- Okay, but exactly HOW might a Quantum Computer Break Bitcoin?
"2020-11-02T22:16:52"
https://youtu.be/5jWG4N0vnMg
5jWG4N0vnMg-t592.9200000000001
space with people varying scale sets, you know, all over the world.
592.92
597.4