@rsa.eth
4) after this there's still the question of PoW - is PoW sustainable in a quantum world or will a new hashing algo be required?
5) ethereum will need to be upgraded too but the path is more clear - likely no property rights impacts and no PoW concerns - achievable, but a large multi-year undertaking
6) not even experts know how soon quantum will happen - likely not in the next 5 years - but if we get a fast takeoff or slow is anybody's guess - it seems likely we'll have time to react as the qubits rachet up...but maybe not much
7) finally it's absolutely wild that there's a multi-trillion dollar worldwide bounty available to the first empire that can build a computer powerful enough to snatch it - enough to incent hundreds of billions of dollars into quantum computing - and yet this trillion dollar treasure could all evaporate into nothing if the social consensus of core devs and full node running bitcoiners so choose
how the heck do we price all this in??
what a weird timeline
episode monday