Ok, stocked up again, ready for next upswing.

Edit: Snagged at 0.0206 along with that whale.

Me Too!

http://www.youtube.com/watch?v=EqL77G2x61E 

To eduffield:

I was reading about Bitcoin


...and I find it unsettling that it is basing its security in the assumption of something like "ok, nobody has a quantum computer yet, so we are safe". If a government has a quantum computer to break cryptography, why would they even disclose it? You can't wait for these things to happen and then upgrade - you must be prepared. It is also well known that "assumption is the mother of all fuckups".

Would it be possible to consult with some cryptography-experts (Anonymint might also be available to offer some feedback) and make Darkcoin => "First Quantum Resistant" too, being more futureproof than even Bitcoin itself, and then forcing Bitcoin to follow the trend? That would be an epic win...

BTW, Bytecoin & clones aren't Quantum resistant.

My 2 duffs.

Good idea.

Darkcoin needs a bout of Chaos Theory thrown into the mix-ing

edit - first NSA Resistant Coin...

The prospect of having my wallet go to zero because some inventor, government, private lab etc has a QC and I erroneously "ass-umed" they hadn't, is from the stuff that nightmares are made of. This is not a market where you can expect the others to show you their playing cards. It's cryptography. Each one is hiding their cards unless they have an incentive.

I'm sure if an inventor or private lab found something, they'd get tons of money by the government to acquire the tech and keep it under wraps. It's stupid to expect it will go public and then I'll have to react to the news. If it's in the news it's game over.

Quantum resistant will sound quite innovative for marketing too. People will be like "what? Bitcoin ISN'T quantum resistant? WTF? Where am I trusting my money? Let me buy more DRKs"

Yeah, I want to hear those fuckers say "Dark = scam" after that

Anyone want to make a guess on when they make a formal announcement.

I have no doubts anymore - its definitely on bitfinex - just when.

cool
"Quantum resistant will sound quite innovative for marketing too. People will be like "what? Bitcoin ISN'T quantum resistant? WTF? Where am I trusting my money? Let me buy more DRKs""

The characters are very interesting and somewhat distant reality tells But still you BTC believe and trade DRK/BTC and you have BTC Wallet In your Sing :p

We don't know if it's distant. They could have quantum computers for something like 10 years and we wouldn't know it because they aren't telling us.

Withholding your capabilities represents a strategic advantage over your opponents. QCs can break military-grade encryption. It's highly unlikely a country would say "ok, we can make our opponents encryption redundant" because then they would force them into upgrading. It's better to let them sleep. That's precisely why I can't base my money on the QC-dependency "ass-umption". Technologies with military applications have been known to be withheld for over 10 years. Imagine this happening with disruptive technologies for society at large (economic systems, banks etc) such as QCs...

As long as I don't have the option, BTC and DRK are both crackable. If I have the option I can "diversify" my assets towards DRK to a larger degree.

A BTC holder of million USDs would likely want some of them to go to a Quantum-resistant coin, just in case.

I can also see that working in terms of news. When news go out regarding quantum advancements and prototype quantum computers being trialed in labs, Bitcoin will be crashing and Darkcoin will be gaining. So it's also a financial hedge for day-to-day news.

Other governments weren't even able to tell they were being spied by the NSA until Snowden came out. And that's the easy stuff which they should be able to pick up.

Let's not create issues that are not really there (QC). IMO One step at a time.