Monero’s Race Against a Quantum Apocalypse [Video]

What up, Vigilantes? I had a really interesting conversation with Adam Corbo at Monerotopia about quantum computing and its potential impact on Monero. Although quantum computing is potentially an exciting and revolutionary field, it also poses challenges for the future of privacy and cryptocurrency.

Everyone's attention is focused on whether Monero is quantum-resistant. As of now, the answer is no. However, Adam sees a future in which Monero could become quantum-resistant with the right protocol work.

But when should we be concerned about this threat?

It's difficult to pinpoint an exact timeline, but Adam suggests that three years from now is when we should be thinking about it seriously. We wondered what things would look like in a world in which someone already secretly possesses a powerful quantum computer was one of the most thought-provoking aspects of our conversation.

Imagine waking up one day to discover that everything has changed overnight, and the power balance has shifted dramatically. While it may appear far-fetched, the rapid pace of quantum computing advancements makes it an unavoidable possibility.

I couldn't help but feel a mix of emotions as we discussed the implications of quantum computing. On the one hand, there's the thrill of witnessing such groundbreaking technology that has the potential to reshape our world in unprecedented ways. On the other hand, there is apprehension about the unknown, as well as the potential threats to privacy and security that quantum computing may bring.

And you know above all else in the world of technology, having private, secure, and fungible cryptos like Monero is my biggest hope for a free future…

Watch the Full Interview

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Thankfully, Monero's community is already taking precautions against quantum threats, such as implementing one-time private keys and investigating additional security measures.  I can’t help wondering if it’ll be enough…

How do you feel about the prospect of quantum computing? Excited or depressed?

Adam is a hybrid of the two. Quantum computing has the potential to enable incredible technological advances, but it also poses a significant challenge to privacy-focused cryptocurrencies such as Monero.

Our conversation taught us that we cannot afford to be complacent. We must continue to push technological boundaries while remaining vigilant to potential threats. I encourage everyone to stay informed, participate in discussions, and contribute to research that will assist us in navigating the challenges of an increasingly complex and interconnected world.

I'm grateful to Adam and all the researchers who work tirelessly to keep Monero and other cryptocurrencies safe from the ever-changing technological landscape. We must unite behind them, support their efforts, and keep the flames of innovation and privacy burning brightly.

We can protect the future of cryptocurrency by doing so and ensure that privacy remains a fundamental right for future generations.

Follow me on Twitter @VamosVigilante

Follow Adam Corbo on Twitter @adamryancorbo

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Rafael LaVerde

Rafael LaVerde has a background in private equity and venture capital. He discovered Bitcoin in 2012 while volunteering on Ron Paul's presidential campaign. He served as board member of a Libertarian Super PAC while doing post-graduate work in economics, and was also a member of the University of Texas’ Mises Circle. His formal education includes graduate degrees in continental philosophy and psychology. He has been a Bitcoin miner since 2014. Rafael also managed investor relations for the BitAngels Network, which helped finance the vast majority of early Bitcoin startups, and was also part of the DApps Fund team that revolutionized funding structures that eventually became known as ICOs and STOs. He was also the founding partner of what became one of the very first Bitcoin venture capital funds.