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K0balt12/09/20241 replyview on HN

I think you’re going to need about 10,000,000 qbits to divert a transaction, but that’s still within foreseeable scale. I think it’s extreme likely that the foundation will have finished their quantum resistance planning before we get to 10MM coherent qbits, but still, it’s a potential scenario.

More likely that other critical infrastructure failures will happen within trad-finance, much larger vulnerability footprint, and being able to trivially reverse engineer every logged SSL session is likely to be a much more impactful turn of events. I’d venture that there are significant ear-on-the-wire efforts going on right now in anticipation of a reasonable bulk SSL de cloaking solution. Right now we think it doesn’t matter who can see our “secure” traffic. I think that is going to change, retroactively, in a big way.


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vessenes12/09/2024

I agree that the scary scenario is stored SSL frames from 20 years of banking. That's nuclear meltdown scenarios.

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