Is there information about how Litecoin may be a safer or more secure network than other digital asset related networks, such as Bitcoin? Can Litecoin stay safe, secure and operable with the emergence of quantum computing?
Try to buy a quantum computer. Even a sophisticated crime networks can’t just order one.
That apart there are bunches of errors.
Can you elaborate what you mean by errors — did you mean that quantum computers make mistakes ?
Hace a read here:
Well to my own point of view Litecoin is just like other coin, for stance Bitcoin and other it be can be safe and secure
Really can you explain more better so that I can understand more about it?
Quantum Computing borders on a scam.
Don’t trust anything Google says about it. They have not released a schematic and talk pseudo-science about it. Given Google’s long-standing relationship with the C.I.A., it could even be a psych-op.
Well, maybe you’ll believe the media rather than me here. Fair enough. But if you worry that it’s an imminent danger to crypto, you’re just plain wrong.
Litecoin shares much of Bitcoin’s security foundation but uses a different hashing algorithm (Scrypt), which currently offers similar resistance to attacks. However, both networks could be vulnerable to future quantum computing threats since quantum tech can potentially break classical cryptography. The crypto community is exploring quantum-resistant algorithms, but widespread adoption is still in progress. Litecoin’s active development means it could integrate upgrades to stay secure as quantum advances emerge, but no blockchain is fully immune yet. Ongoing research and upgrades will be crucial for all digital assets to maintain security against quantum risks.
You can start worrying once a quantum PC is commercialized and that is in about a decade. Who knows if we work on smoke signals in 5 years?
If big investors were afraid of it, maybe they wouldn’t have bought it. I’m too skeptical about this quantum stuff, for now.
Big investments go into LLM, formerly known to be AI (wrong term IMHO).
Now they have their doubt about their usefulness.
https://www.goldmansachs.com/insights/articles/what-investors-are-missing-about-ai
Have you heard about the one LLM which refuses to be turned off?
No, but sounds interesting, elaborate please ![]()
Sure can do:
and
Huh, thats interesting ![]()
Yup just imagine those 2 get together, quantum computing paired with a non sleeping LLM.
Skynet ![]()
Way bigger is the danger in regards to the practice using LLM as fun.
People are not aware that the software is built for search and “learn”. Learning your wallet access is not much fun.
And other money round on Quantum Computing
Finnish quantum computing startup IQM is now a unicorn: The company just raised more than $300 million in a Series B funding round that was led by Ten Eleven Ventures, a U.S. investment firm focused on cybersecurity.
A university spinout, IQM builds quantum computers meant for on-premises installations as well as a cloud platform that taps this hardware. The company has already sold its quantum computers to enterprises in APAC and the U.S., but its strongest market remains Europe.
Still, if you need a University to make a working Quantum-PC then we are still a few years off getting those quantum PC for the workshop,
Quantum computing definitely raises concerns for blockchain security. I read that Litecoin’s faster block time might make some attack scenarios more complex, but I’m curious what experts think about long-term quantum threats.