Why Quantum Computers can't break Bitcoin? Let’s look at the Math. 🧵
1/ How secure is Bitcoin?
Bitcoin private keys are 256-bit numbers, meaning there are 2²⁵⁶ (~1.16 × 10⁷⁷) possible keys. Don't forget that the atoms in the observable universe are 10⁷⁸ to 10⁸².
2/ How does Bitcoin’s security work?
A private key generates a public key using elliptic curve cryptography (ECC), and that’s then hashed (SHA-256 + RIPEMD-160) to form a Bitcoin address. This is one-way math, meaning no one can reverse it to find your private key.
May 15, 2022 • 8 tweets • 2 min read
Why #Ethereum and #POS networks are just ponzi schemes.
Thread 👇 🧵
1/ So let me get this very straight why ethereum and every POS is a scam and will always be a scam.
Yield farming = A giant ponzi scheme that will last only if new investors deposit their money into it so the previous ones get paid.
