Bitcoin and Post-Quantum Cryptography: What You Need to Know 🔐

Keywords/phrases: Quantum cryptography, quantum cryptoanalysis, quantum computing. Bitcoin uses SHA-256. In cryptography there is a 20-30 year lifecycle for an algorithm before it gets exceeded by new technologies and developments in mathematics. Both the signing and hashing algorithms can be upgraded in Bitcoin if there is a need to do that. Quantum cryptography represents a threat only if unevenly distributed in commercial sectors. If it is available to only one actor, and not all actors, they are unlikely to use it against Bitcoin; instead they're going to keep it secret and use it when they're threatened by ex. cryptographically secure nuclear weapons. Intelligence agencies who have that kind of significant computing advantage don't use it until there is a dire emergency, because once you use it everyone will know you have it. After that all the algorithms get changed, so you better make it good. If it is widely available, all the miners update to quantum computers and we're going to be looking at several orders of magnitude in improvement, because running one is neither free nor easy. We don't know what the economics will be yet, but we will solve problems when it's necessary.

Corporations and governments are not going to be happy with Bitcoin. Kings were not happy and yet the revolution happened anyway. Bitcoin is a global and technological revolution. They have adapted to new technologies for hundreds of years. The fact that they won't be happy doesn't concern me, because Bitcoin is a system that doesn't require their permission, approval, or cooperation. They can pretend it's going away but it isn't. We can talk all day about whether the government should or shouldn't regulate Bitcoin, but the real question is whether they can. They can regulate at the edge, the behaviour of users, but they can't regulate Bitcoin itself. Bitcoin is exciting because it introduces a new choice; it's not saying you can't do the old way (hierarchical central banking, border-restricted jurisdictions for currencies ), it's saying we can also do this.

QUESTION & ANSWER:
How do I secure my bitcoin? -https://www.youtube.com/watch?v=5gZTub3O_NQ
The rules of Bitcoin (part 1) - https://www.youtube.com/watch?v=WYc1PBiJW1M
The rules of Bitcoin (part 2) - https://www.youtube.com/watch?v=72k8I8qQfHc
SegWit, scaling, and consensus - https://www.youtube.com/watch?v=Cdx2dLDqyo4
Inspiring cryptocurrency projects - https://www.youtube.com/watch?v=CTtQyM6qGgQ
ICOs and responsible investment - https://www.youtube.com/watch?v=ipefHl_h9y0

RELATED:
Bitcoin for Beginners -
https://www.youtube.com/watch?v=xqW3VGcTUus
Blockchain for Beginners -
https://www.youtube.com/watch?v=eMoc4zU39hM
Hard Promises, Soft Promises: Promoting Autonomy instead of Authority - https://www.youtube.com/watch?v=MB0dbjWlc5Q
The Stories We Tell About Money -
https://www.youtube.com/watch?v=s31_ayXkmWg
Blockchain vs. Bullshit: Thoughts on the Future of Money - https://www.youtube.com/watch?v=uJcsIsC_Bwg
The revolution in trust -
https://www.youtube.com/watch?v=wkwqpE1N6Ew
The War on Cash and Crypto -
https://youtu.be/BAlRKfvBnvw
Migrating to post-quantum cryptography -
https://www.youtube.com/watch?v=dG-a6Sl7Dg4
Forkology: A Study of Forks for Newbies -
https://www.youtube.com/watch?v=IZDq-l9G3Jc
The Lion and the Shark: Divergent Evolution in Cryptocurrency - https://www.youtube.com/watch?v=0DCUtApXRfs
What is the role of nodes? -
https://www.youtube.com/watch?v=wtlEiceEsR0
Governance trade-offs in decentralised systems -
https://www.youtube.com/watch?v=Q48F02fUoOU
Why are decentralised networks resistant? -
https://www.youtube.com/watch?v=i67BG5ScNTs

Smartphone wallets for iOS and Android:
- Mycelium https://mycelium.com/
- Copay https://copay.io/
- Airbitz https://airbitz.co/

Hardware Wallets:
Ledger Nano S http://amzn.to/2lsDbG7
Trezor http://amzn.to/2Cs0R5B
Keep Key http://amzn.to/2Ctlhex
Ledger Blue http://amzn.to/2CkdMc2

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/

He is the author of several books: “Mastering Bitcoin,” published by
O’Reilly Media and considered the best technical guide to bitcoin.

The Internet of Money, v1: http://amzn.to/2zP4IXn

The Internet of Money, v2: http://amzn.to/2CiyoS1

[NEW] Mastering Bitcoin, 2nd Edition: http://amzn.to/2BY3QkT

[PRE-ORDER] Mastering Ethereum: Building Smart Contracts and Dapps: http://amzn.to/2zP8XCp

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