DAC | Quantum Chain

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DAC | Quantum Chain

DAC | Quantum Chain

@dac_chain

The first quantum-proof, non-inflationary blockchain. Built for RWA, DeFi, AI, and secure data validation. https://t.co/6Piznfsm1J

Switzerland Katılım Ekim 2024
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DAC | Quantum Chain
DAC | Quantum Chain@dac_chain·
DAC Keycard Claim is now Live. - Enter: discord.gg/dacchain - Share on X to stack Quantum Energy (QE) - Drop your Keycards below & refer friends to level 🆙 Keycards come in three clearance levels. Higher level unlocks bigger rewards on the Testnet/Mainnet. Claim now.
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BSCN
BSCN@BSCNews·
🚨 BITCOIN: ELON MUSK ON GOOGLE QUANTUM THREAT: "IF YOU FORGOT THE PASSWORD TO YOUR WALLET, IT WILL BE ACCESSIBLE IN THE FUTURE" @elonmusk responded to the escalating Google quantum computing debate with his characteristic humor after Max the VC summarized Google's position as: "We've cut the quantum resources needed to break Bitcoin's encryption by 20x. We can now break it. We can prove it. We're just not going to tell you how." Max was quote-tweeting Nic Carter's original thread on Google moving its post-quantum cryptography deadline to 2029. Musk quipped "On the plus side, if you forgot the password to your wallet, it will be accessible in the future" alongside a Grok response estimating the earliest plausible date for cracking ECC-256 (used by Bitcoin and Ethereum) at late 2028-2029 under aggressive scenarios, with conservative consensus pointing to early-to-mid 2030s. An estimated 6.9M BTC (~32% of supply) sits in wallets with exposed public keys. Ethereum has an active post-quantum roadmap. Bitcoin has no coordinated migration plan.
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CoinMarketCap
CoinMarketCap@CoinMarketCap·
LATEST: ⚡ Researchers say Google has cut the estimated resources needed to break Bitcoin’s cryptography by nearly 20x, sharpening urgency around post-quantum migration.
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Kalshi
Kalshi@Kalshi·
JUST IN: Google recommends cryptocurrencies to become "quantum-resistant" before 2029
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CoinDesk
CoinDesk@CoinDesk·
DATA: @Google warns quantum computers could target $ETH wallets, smart contracts, staking, Layer 2s and its data verification layer, with combined exposure exceeding $100 billion. A quantum computer cracking one wallet key every 9 minutes could drain the top 1,000 $ETH wallets in under 9 days.
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DAC | Quantum Chain
DAC | Quantum Chain@dac_chain·
@Cointelegraph Satoshi acknowledged the risk and assumed there would be time. That was 15 years ago. Quantum computing went from theory to Google publishing attack timelines. The "gradual transition" window is closing. Most chains haven't moved.
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Cointelegraph
Cointelegraph@Cointelegraph·
🚨 INSIGHT: Satoshi Nakamoto acknowledged Bitcoin quantum risk early in 2010, suggesting “If it happens gradually, we can transition”.
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DAC | Quantum Chain
DAC | Quantum Chain@dac_chain·
@cryptorover Either you protect your assets now, or gamble that bitcoin tech will be able to upgrade on time. on you.
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Crypto Rover
Crypto Rover@cryptorover·
🚨$800,000,000,000 WORTH OF BTC AND ETH ASSETS ARE AT RISK Today, Google Research published a paper on quantum computers, and it's really bad. First of all, Google now thinks it would only take 500,000 qubits to crack crypto. Earlier everyone thought it would be 1M, which means 20x less. But this is just the tip of the iceberg. Before today, everyone thought that quantum attacks would take months. This means transactions are safe, and 1/3 of BTC are at risk. But this has now changed. Google claims that a quantum computer could crack private keys in just 9 MINUTES. This is a minute less than Bitcoin's average block time. And this isn't just limited to BTC. The research says that quantum computers could break into the top 1000 ETH wallets within 9 days. And now here's the most scary part? Google thinks crypto projects don't have decades to prepare for this. By 2030, Quantum computers could be powerful enough to crack Bitcoin and alts. This means we have just 4 years before Quantum computers become a reality and not just FUD.
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DAC | Quantum Chain
DAC | Quantum Chain@dac_chain·
@eeelistar chains built resistant to these threats on a foundation level will win better early than regret
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Elisa (optimism/acc)
Elisa (optimism/acc)@eeelistar·
What is the real quantum risk for crypto? The threat: → To hack $BTC, a quantum computer needs ~4 million qubits → The best one today (Google's Willow) has 105 → We're at ~0.003% of what's needed → Safe for now but it won't stay that way forever The risk: Hackers can copy encrypted blockchain data TODAY then just wait it out. Once quantum computers are powerful enough, they crack it all at once aka "harvest now, decrypt later" State of affairs: - Ethereum $ETH > Already building quantum-proof upgrades. > Dedicated team with a public roadmap targeting 2029 > Threat is being treated as core protocol work - Bitcoin $BTC > No official plan yet > ~6-7M BTC sit in old wallet types that would be vulnerable first > Core devs discussing BIP-360, Lamport signatures > Satoshi addressed this in 2010, he said community can agree on honest chain + switch hash if needed Time is now
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Quinten | 048.eth
Quinten | 048.eth@QuintenFrancois·
If quantum “kills” Bitcoin, it also kills: • The global banking system • SWIFT transfers • Stock exchanges • Military communications • Nuclear command systems • Every HTTPS website on earth If Bitcoin is dead from quantum, your portfolio is the least of your problems.
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DAC | Quantum Chain
DAC | Quantum Chain@dac_chain·
DAC Keycard Claim is now Live. - Enter: discord.gg/dacchain - Share on X to stack Quantum Energy (QE) - Drop your Keycards below & refer friends to level 🆙 Keycards come in three clearance levels. Higher level unlocks bigger rewards on the Testnet/Mainnet. Claim now.
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