greetings to the whole community, I hope you are excited with the arrival of Christmas, in this article we will talk about the topic of quantum computers and the possibility that exists that these wonders of technology can end with the coins, I know that many think that this is possible is crazy, but for others, that quantum computers are available to everyone is a truth that will soon be a reality, I hope you like the article and can leave a comment.
A few days ago while surfing the web I found a content creator posing a very interesting question, the question concerns the ability of quantum computers to breach the security of the blockchain.
At first I thought it was not possible to do that because of the capacity that a computer network needs to reach 51% of the blockchain, as we all know for a transaction to be validated by the blockchain it is necessary to have 51% of the network to approve it.
This method prevents a particular person from falsifying a transaction as it requires majority approval for a transaction to be accepted by the blockchain, no doubt it is a very efficient method to maintain the security of the blockchain, but this is where the question goes, what would happen if a quantum computer replaces 51% of the blockchain?
Currently it has been determined that quantum computer like microsoft hello quantum computer developed by China are able to replace the entire existing network today, the computing power this new generation of computers makes the security systems of the blockchain obsolete.
Many people will think that they are too big or that only countries with economic power can afford a quantum computer, but reality tells us that just as with normal computers, there will come a time when quantum computers will be available to everyone.
Another important thing is that these quantum computers are already in private hands so it is estimated that before 2040 it will be possible to have access to one of these quantum computers, cryptocurrencies are currently considered as the next step in the payment system used by mankind.
But the technological leap in payment systems may be obscured and overshadowed by another technology capable of breaching its security, no doubt that the possibility of these computers breaching the security of the blockchain will make the future terrible for people who amassed their fortune with cryptocurrencies, I think knowing that quantum computers can reduce their wealth to zero is a scary future.
For now quantum computers are too expensive to represent a real danger for all those who have cryptocurrency, but we must be very careful with this technology because one of the greatest capabilities of computer technology is to breach the security of all existing systems.
In conclusion in the near future these two technologies will have a confrontation on the one hand is the blockchain and its security system and on the other hand we have quantum computers and their ease to breach security systems, no doubt that the future is exciting for these two technologies that will fight to see who will prevail and who will disappear.