Reply to post: Re: QiBitCoin

Hold 'em, don't fold 'em: How to bite Bitcoin pools

Frumious Bandersnatch Silver badge

Re: QiBitCoin

> One wonders how the arrival of quantum computing will upset these crypto-currencies.

Presumably not at all. A quick check on how Shor's algorithm (which could potentially defeat RSA) works tells me that it relies on the quantum Fourier Transform, which isn't applicable to SHA256 or hashing functions in general.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

SUBSCRIBE TO OUR WEEKLY TECH NEWSLETTER

Biting the hand that feeds IT © 1998–2020