https://blog.lopp.net/quantum-attack-game-theory/
This essay is part 2 in my Quantum Series. Part I: Against Allowing Quantum Recovery of Bitcoin Part II: Quantum Attack Game Theory Part III: Bitcoin's Quantum Migration Debate Part IV: Bitcoin Governance & Security Precedents (future post) Part V: Quantum Resistant Rescue Research (future post) The response to publication of BIP-361 has shown me that most people seem to be under the assumption that if a quantum attacker came along, they will just scoop up all of the vulnerable bitcoin, sell them, and move on. Thus the market would be volatile for a short time, we'd quickly recover as coins we
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This essay is part 2 in my Quantum Series. Part I: Against Allowing Quantum Recovery of Bitcoin Part II: Quantum Attack Game Theory Part III: Bitcoin's Quantum Migration Debate Part IV: Bitcoin Governance & Security Precedents (future post) Part V: Quantum Resistant Rescue Research (future post) The response to publication of BIP-361 has shown me that most people seem to be under the assumption that if a quantum attacker came along, they will just scoop up all of the vulnerable bitcoin, sell them, and move on. Thus the market would be volatile for a short time, we'd quickly recover as coins we
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Categories: Bitcoin & Nostr [c123], General [c1]