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Because has finished ahead of schedule the reason of secret algorithm renewal, the news that the commercial quantum computer technology is published, not the communication security and order of country's has any impact on magnificent.
The small scope of except that at first because of the panic causing is chaotic, and some old man old women of understanding the true situation went to the bank to toss about beyond one, basically has not had any substantive influence.
However, compares the magnificence country scenery to be alone, other countries are not so lucky.
p2pfoundation forum.
In this world's most well-known sub-area chain community, the geeks who are skilled in the cryptology, little white who these do not understand the true situation, were discussing impact that this matter has.
However at this moment, a quiet many years of account number surfaced suddenly, participated in the discussion.
【Title: The end of cryptology.】
【Bitcoin is only my attempt to a financial decentralization, in the past was in 15 years it was successful, but now it already no longer safe.】
【Perhaps we can only depend upon new tool and new method solve this problem, as for the present......】
【Quits when you're ahead.】
After this post comes out .
Entire forum strangely silent several seconds.
Then, in less than a half minute , the entire forum looked like throws into a bomb to be the same, exploded the pot instantaneously!
If this post is but actually no, let alone causes what reaction that others send, said that will not permit also to bring in 2-3 taunts.
However the issue is, this account number obviously not that general.
Its master, impressively that world-famous mathematician and password scientist and invention Bitcoin man
This acute hearing!
......
Almost is at the same time, in some office of Chicago Board of Trade Group, a man of roughly 50 -year-old Jewish faces put down the newspaper in hand, looked that to standing says in the desk opposite Caucasian assistant.
„Bitcoin already not such security.”
His name was Baruch, as the professional manager of Chicago Board of Trade Group, was responsible for the important customers of group managing the letter/believes to throw the fund for the iris business, the fund in the hand handling exceeded 50 billion US dollars.
In seeing «Wall Street Journal» after quantum computer first-hand report, he makes the judgment according to previously the understanding quantum computer technology immediately, the Bitcoin price could not have supported inevitably.
Therefore, he only used less than one minute pondered, then opens the mouth to order to say.
„Preparation sells short.”
Hears Baruch's instruction, that Caucasian assistant selected, asked earnestly.
„According to what principle operation?”
Baruch thinks, says.
„According to 100 US dollars this line hit on the line.”
......
As quantum computer technology „victim”, first is under the impact is the Bitcoin players.
Promotes the Bitcoin stock variety earliest, and shorts the financial instruments to the Bitcoin perfect Chicago Board Options Exchange, less than day has hung tens of billions US dollars spatial list to the Bitcoin.
The so-called oversell operation, then refers, when the investor or one group of people believes that the Bitcoin the market price when the future will fall, borrows the Bitcoin and by the current price sells, will meet the repayment in the future by some price again.
If judges correctly, can make a profit, then will otherwise suffer the loss.
Global Bitcoin total market value only then 100 billion US dollars, tens of billions US dollars spatial has almost been equivalent to 10% of total market value only, the account that considering that these because of falling to follow to sell, its result can be imagined.
In fact, including the Bitcoin, the essences of almost all encryption currencies is one pile of „particular integral that” is produced by the complex algorithm.
It seems the particular integral of some equation set to be the same, each particular integral can untie the equation, and each particular integral is only.
If analogies by the bill, the Bitcoin is the crown character number of bill, when you know the crown character number on some bill, you had this bill.
But the process that mines, through the huge computation load, seeks the particular integral of this equation set unceasingly.
This cryptology design -based currency, although because of reason of decentralization, having covert advantage that can dodge the regulation.
But relative, this type of does not have any credit main body as virtual asset of guarantee, in facing various quantum computer specially to subdue|grams passwords kills greatly front, looked like one to throw into the scratch paper of shredder to be the same, collapsed at the first blow radically.
Obviously, saw through this point, not only professional trust manager Mr. Baruch.
Almost when his company starts to sell short the Bitcoin, ten several investment banks and financial companies also entered this stretch of battlefield rapidly.
With the unceasing enlargement of turnover, magnanimous selling emitted only, the rate fell unceasingly, less than the half-day time from over ten thousand US dollars summit, fell to penetrate on 100 US dollars floor, whirled away hundreds of US dollars from the tray of entire 100 billion market value.
Obviously, no matter Baruch, the investors who these close, obviously underestimated the quantum computer to the impact that the Bitcoin has.
Sees knockdown price that on the final screen slides, Baruch some did not pound smacking the lips satisfiedly.
He thinks oneself response is quick enough, the result has not thought that movement slow a point, are getting more and more to the peer who behind kills, produces goods more and more difficultly, the trust fund that he manages only gains in a complete mess that less than 1 billion US dollars entire Bitcoin market then crashed.
Is facing like the waterfall general whereabouts k graph, he says.
„Under 10 US dollars gives to fill in the oversell only.”
„No longer waits?” Excited looks at that magnanimous spatial list, sits the assistant in front of computer then looked that asked to Baruch, „I felt wait again, we even the Bitcoin that can be friendly from 1 US dollar pick.”
„Quits when you're ahead,” Baruch said calmly, „what we bet is expected, will not bet Professor land really to go to the seal bill with the quantum computer.”
„Good, perhaps you are right.”
According to manager's instruction, that assistant hung paying in 10 US dollars under honestly, started to meet them first advance party in the chip that on the summit ejected.
Moves the time of finger, they then from the hands of the world innumerable 9 cuisines, looted about 1 billion US dollars wealth, this is simply quicker than the money printing machine of Federal Reserve.
The only regret is, this opportunity for a lifetime is also perhaps difficult to bump into one time and that's the end.
Harvesting ended.
Looks at the fund of precipitation in account, sat the assistant before desk, on the face showed the sigh with emotion expression.
What is placed in front of him being he does not make the money of a lifetime, if can look again a while was good.
However, so many funds precipitate in the account, is losing the cost of not being able to see every minute.
Then looked at own boss, the assistant opened the mouth to ask.
„Fund of re-steaming? How should process?”
Hears subordinate instruction, Baruch hesitated a moment later, told to say.
„Buys up the bond.”
Assistant: „Completely?”
Baruch: „Completely.”
The bond is quite good risk aversion variety, in economic slump, particularly faced with systematic financial crisis time, no matter various types of trust fund other central banks, buying up the debt will take the alternative operation of hedge risk.
Although merely is a premonition, the employed experience that but many years are engaged in the trust fund manager, making Baruch exercise one also to want the keen professional sense of smell compared with the hunting dog.
But now, his professional sense of smell is telling him, behind the seemingly peaceful money market, is rolling possibly to imagine compared with him also wants the fearful undercurrent.
This undercurrent was being actuated by the mood, moves restlessly tears and bites all these anxiously.
One in Bitcoin market, merely is only under this turbulent undercurrent wipes the miniature......
Baruch fished out cigarette from the pocket, the preparation walking window gave himself to select on.
However at this moment, the telephone in pocket actually rang, he has to put the smoke, puts out the cell phone.
The gathering ear pressed down put through the button, because of the happy reason, he said delightedly.
„Clement? How to think that telephoned suddenly with me, my old friend.”
„Do you have the mood to smile? God......”
The sound of telephone that head filled anxiously with was incredible, however is at Baruch in self-satisfied strength has not noticed in these old friend expressions that does not wipe commonly, was only regarded as him just to do compared with the business of losing money, haha comforted to say with a smile.
„You do not know that had anything a moment ago......”
However is preparing to tell in Baruch how carefully oneself is relying on the quality that the foresight and sagacity and heroic courageous this different/two kinds extraordinary personality have, in the Bitcoin market kills the four directions greatly, his old friend actually interrupted his words.
„Yes, you do not know that had anything a moment ago, I suggested that you have a look at the Dow Jones Index! Damn, my God that! Asks you to discuss, this matter is really a wrong decision!”
The telephone honk hung up.
Baruch knitting the brows head, moved out of the way half inch the cell phone, looks an anxiety that the telephone conversation that on the screen has separated, the heart surges gradually, and this is anxious is corroding in his heart all positive/direct mood.
Thinks own old friend that anxious tone, he realized anything suddenly.
Does not dare to have any hesitation, before returning to own desk quickly sits down, Baruch opened rapidly dealt the software, logged in own management account number.
However in the flash of line of sight and screen to, his whole person stood in amazement, put the cup dang on table then to be bumped into the ground by him.
Hears sound that side the boss transmitted, the assistant stands up to look hastily to him.
„What happened? boss.”
No response.
Sees only his to sit the boss before computer table, looked like the petrified technique same, sat there motionlessly.
Looks at a that ten thousand li (0.5 km) landscape red scene, Baruch's face flash becomes flushed, later the blood-color removes slowly, finally turned into cement wall pale......
Ended......
Already late......
All were all finished.
In them , in the Bitcoin market kills the four directions greatly, a financial tsunami swept across the entire NASDAQ sector, driving the Dow Jones Index to present in the plate 8 points falling, over ten thousand hundred million market values evaporated baseless.
But account that he manages......
That money that he made a moment ago perhaps, insufficiently fills in an odd change that he just lost money.
Suddenly somewhat is at present absent-minded, Baruch prepares to stand up, however holds the hand of arm rest, suddenly actually lost all strengths probably, weightlessness hanging.
Fart. The stock sat returned to the chair, his hyperemia eye immediately one black.
Before his consciousness is just about to crash into the darkness, near the ear transmitted empty shouting indistinctly.
„Boss fainted called the ambulance quickly!”
„You are pressing his chest, I come to make the artificial respiration to him!”
„......”
Again then, his anything could not hear......
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