"This is one of the few domains where having access to a quantum computer ahead of others could translate directly into financial gain"
Doubt, the moment people get vocal about their fund being stolen that will be it for crypto, it will crash the bank run. The only way it could work is that if you steal too little to be noticed, which will also be too little to finance your venture...
May I introduce you to a concept called "shorting"? You can make money from falling prices without selling the stolen coins. As I said just moving Satoshi's coins would lead to lots of panic selling.
The snarky reply would be that having their funds stolen is not something that seems to discourage people from having cryptocurrencies as it happens all the time:
I'm working on just that in some IoT context, and a lots of chips I have to deal with only have hardware support for AES-128, so it's a little more complicated...
It was like 0.5% GDP. It wasn’t insane, but still, you are right.
It was very focused. What do we get out of the F-35 program? By comparison, it has eaten (projected total lifetime cost) 2 trillion dollars. It is 4.5% of the GDP. I had no idea. This is just a military and government contractor subsidy. What are we doing…
Yeah that's treating D-Wave "breaking" RSA-2048 as the fraud that it is. They didn't factor anything, they computed a square root.
I'm still dubious about the accelerated timeline given what quite a bit of what is presented as progress in the field is fraud or borderline fraud when inspected closely. (e.g. some of the recent majorana claims by Microsoft are at best overhyped, at worst fraud)
It's one more instruction only if you don't fuse those instructions in the decoder stage, but as the pattern is the one expected to be generated by compilers, implementations that care about performance are expected to fuse them.
Not cost competitive with solar+batteries in many locales (less so the closer to the poles), and no learning curve, if anything a negative learning curve, nuclear never was more expensive than new nuclear.
And off course societal (and geopolitical) acceptance issues.
>And off course societal (and geopolitical) acceptance issues.
Right. One thing I've rarely heard emphasized is that, while nuclear power is not at all the same as nuclear weapons, it's still infrastructure that can be repurposed from one to the other. A world where nuclear is the predominant base load power source is a world where nuclear weapons are more accessible due to the proliferation of sibling technologies.
The cost competitiveness and societal issues make sense (though I suspect some of the cost is being externalized in terms of materials extraction and manufacturing).
I don’t understand what you mean by “no learning curve”. Do you mean that the learning curve is particularly steep for plant operators?
We make too few nuclear power plants for them to have a noticeable learning curve, and recently each subsequent one ends up more expensive than the latest, notably because of safety regulation. Korea and I think China had the best success in that regard (and France in the 80s) by being able to make real series, but you don't really see those now except maybe China.
It makes devices using those (extremely popular) chips easy to clone as you can dump the firmware (firmware that sometimes also contain secrets, like cryptographic keys or API keys).
Not world shattering, but damn annoying (I myself handle a few millions of those in a connected object deployment and at the very least it warrants a revision of the risk analysis, as the attacker level got lowered some scenarios became more likely).
Exactly, quality of code is one of those necessary but not sufficient things... If you are somehow successful without quality of code (e.g. early Twitter maxing Rails performance) you end up either crash and burning of spending crazy amounts on infrastructure/rewrites (and often both).
Doubt, the moment people get vocal about their fund being stolen that will be it for crypto, it will crash the bank run. The only way it could work is that if you steal too little to be noticed, which will also be too little to finance your venture...
reply