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      "body": "Congratulations @wct! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@wct/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@wct) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=wct)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/japanese/@steemitboard/new-japanese-speaking-community-steem-meetup-badge\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmRWbAjbeETEaqSPLcpwYX1JN5pZhdPffv4q6DaBs6xvZm/image.png\"></a></td><td><a href=\"https://steemit.com/japanese/@steemitboard/new-japanese-speaking-community-steem-meetup-badge\">New  japanese speaking community Steem Meetup badge</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "hmm thats actually a very good response,,worth some more research on my side,,Thanks for that",
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      "body": "Quantum Computers are Science Fiction and not reality. That is just my opinion.",
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      "body": "@@ -274,16 +274,17 @@\n let know\n+s\n  the key\n@@ -277,16 +277,282 @@\n  knows the keys.\n+%0A%0AThe hacking of Bitcoin would be like the enigma machine, you would have a powerful tool but never be able to use it.  The moment word got out that it was possible, anything you steal would be worthless.  No one would be willing to trade fiat for the broken crypto.\n",
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      "body": "I found your response most interesting, as I had not heard about the progress being made in cracking the keys.  I wonder how a wallet like DASH Evolution would effect the cracking, as the 'public keys' are never actually made public, only a user name for which only the wallet know the keys.",
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      "body": "Hardware wallets solve half of that, if it's true. The main weakness in your comment is the exchange, but we all know that.",
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      "body": "BUY CRYPTOES SEEL THE US DOLLAR\n\nThe dollar will begin its 18 year cycle with a 9 year downturn period to the eurocurrencies as it always has done. This will probably be very bullish for precious metals.\n\nCheck out this post for more on the cycles of weakening US dollar and the current state of the dollar.\n\nhttps://steemit.com/dollar/@sjovmaiin/the-coming-fall-of-the-us-dollar",
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      "body": "Wow so many good questions. I am inline with most your lines of thinking bit believe that unlike banks, cryptocurrencies are nible and will learn and adapt",
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      "body": "Thanks for the insight.  I am not \"tech savvy\" enough to be able to intelligently defend why this would not be a threat, although on the surface I can definitely see the merit in your position.",
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      "author": "javaholic",
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      "title": "",
      "body": "Be a slave to Gold and Silver",
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  "trx_id": "de67f926243fbb87f690f5196013604ca6c45d99",
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      "parent_permlink": "economy",
      "author": "wct",
      "permlink": "4brsy3-slaves-to-the-dollar",
      "title": "Slaves to the dollar",
      "body": "![AAEAAQAAAAAAAAcyAAAAJGNlOTBmZjFiLTk0MzAtNGU1Yi1iNjNiLTk1MTI5MzQxYmJlZg.jpg](https://steemitimages.com/DQmezHKA72HsyY474H4xFaDqnzLNXkb4kmHk74XG8qDaPjc/AAEAAQAAAAAAAAcyAAAAJGNlOTBmZjFiLTk0MzAtNGU1Yi1iNjNiLTk1MTI5MzQxYmJlZg.jpg)\nAs I get older I feel as though We are all just slaves for a dollar. We work long hours and are taxed more now than ever. I started studying the economy about three years ago. It has been a journey weeding through information on the internet. I have found some very reliable sources, but it seems even the greatest minds of our time cannot figure out how the system works. They all say the system no longer runs on fundamentals. No longer can reasoning be used to formulate outcomes. As one studies economics they stumble into the area of politics. So now the journey turns into a economic and political quest, because they both walk hand and hand. As far as I can tell most everything in society today is manipulated from the stock market to commodities and statistics. I found that a neutral position is the right move for me at this point. I am investing in precious metal and some mining stocks. I do this because it seems as though the stock market general equities are over priced and are drawing people in. The big money slowly withdraws from the market leaving the middle class holding the bag when it crashes and it always crashes. Check history.",
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      "parent_author": "ctrl-alt-nwo",
      "parent_permlink": "re-wct-bitcoin-will-fail-20170518t002349545z",
      "author": "wct",
      "permlink": "re-ctrl-alt-nwo-re-wct-bitcoin-will-fail-20170520t204931241z",
      "title": "",
      "body": "These are words of Konstantinos Karagiannis\nCTO, Security Consulting, Americas, BT.\nBut is it safe?\nMy RSA 2017 talk, “Hacking Blockchain”, includes a fair amount of time explaining historic and current attacks faced by all implementations of the technology. A lot of these attacks are old school, focusing on supporting technology and not on the blockchain itself.\n\nConsider attacks against credentials used at an online cryptocurrency exchange. Such exchanges act as hot wallets, or storage of funds available for transacting online at any time. Traditional authentication hacking of these sites can lead to illegal transactions. Some attacks are even more creative, such as the ability to force a cold or offline wallet to become hot and therefore a target for fraudulent transactions.\n\nThe major issue I cover, though, is the inherent flaw on page one of Satoshi’s paper. That elegant if pesky line about “computationally impractical to reverse” transactions. You see, the crypto behind cryptocurrency is actually public key. We are likely less than three years away from this being completely hackable by a quantum computer.\n\nFacing reality.\nFantasy? Hardly. Labs around the world have already proven that quantum computers can run Shor’s Algorithm and almost instantly find the private key of a public key pair even 4,096 bits long. Because of how public key works in most blockchain implementations, including Bitcoin, this would mean any time a transaction occurs, a quantum computer has everything it needs to obtain a user’s private key. Spend a single cryptocoin, and any entity with a quantum computer can download that currency’s blockchain, see your transaction, and in a few moments spend the rest of your funds.\n\nThe threat seems even worse if you consider blockchains designed to prove ownership of land or other critical identity-related transactions. A private key attack here can lead to an irreversible type of identity theft, at least within that blockchain ecosystem.\n\nThe NSA has already warned against the use of non-quantum-safe encryption. Its’ time to realise we may be rushing towards putting everything on a digital house of cards rather than an unbreakable chain. Let’s fix blockchain’s inherent flaws now, before it’s too late.\n\nIf you want to see our Blockchain demo in person, why not visit Innovation 2017, our technology and innovation exhibition taking place in June.\n$0.00Reply Edit Delete",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"app\":\"steemit/0.1\"}"
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      "parent_author": "ancapwarren",
      "parent_permlink": "re-wct-re-ancapwarren-re-wct-re-ancapwarren-bitcoin-trading-may-18-2017-get-your-space-suits-on-20170519t041152564z",
      "author": "wct",
      "permlink": "re-ancapwarren-re-wct-re-ancapwarren-re-wct-re-ancapwarren-bitcoin-trading-may-18-2017-get-your-space-suits-on-20170520t204855591z",
      "title": "",
      "body": "These are words of Konstantinos Karagiannis\nCTO, Security Consulting, Americas, BT.\nBut is it safe?\nMy RSA 2017 talk, “Hacking Blockchain”, includes a fair amount of time explaining historic and current attacks faced by all implementations of the technology. A lot of these attacks are old school, focusing on supporting technology and not on the blockchain itself.\n\nConsider attacks against credentials used at an online cryptocurrency exchange. Such exchanges act as hot wallets, or storage of funds available for transacting online at any time. Traditional authentication hacking of these sites can lead to illegal transactions. Some attacks are even more creative, such as the ability to force a cold or offline wallet to become hot and therefore a target for fraudulent transactions.\n\nThe major issue I cover, though, is the inherent flaw on page one of Satoshi’s paper. That elegant if pesky line about “computationally impractical to reverse” transactions. You see, the crypto behind cryptocurrency is actually public key. We are likely less than three years away from this being completely hackable by a quantum computer.\n\nFacing reality.\nFantasy? Hardly. Labs around the world have already proven that quantum computers can run Shor’s Algorithm and almost instantly find the private key of a public key pair even 4,096 bits long. Because of how public key works in most blockchain implementations, including Bitcoin, this would mean any time a transaction occurs, a quantum computer has everything it needs to obtain a user’s private key. Spend a single cryptocoin, and any entity with a quantum computer can download that currency’s blockchain, see your transaction, and in a few moments spend the rest of your funds.\n\nThe threat seems even worse if you consider blockchains designed to prove ownership of land or other critical identity-related transactions. A private key attack here can lead to an irreversible type of identity theft, at least within that blockchain ecosystem.\n\nThe NSA has already warned against the use of non-quantum-safe encryption. Its’ time to realise we may be rushing towards putting everything on a digital house of cards rather than an unbreakable chain. Let’s fix blockchain’s inherent flaws now, before it’s too late.\n\nIf you want to see our Blockchain demo in person, why not visit Innovation 2017, our technology and innovation exhibition taking place in June.\n$0.00Reply Edit Delete",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
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      "parent_author": "sgtreport",
      "parent_permlink": "re-wct-re-sgtreport-bitcoin-just-blew-through-usd1-900-to-hit-new-all-time-high-20170519t042143790z",
      "author": "wct",
      "permlink": "re-sgtreport-re-wct-re-sgtreport-bitcoin-just-blew-through-usd1-900-to-hit-new-all-time-high-20170520t204818408z",
      "title": "",
      "body": "Some added reading you may find interesting.  These are words of Konstantinos Karagiannis\nCTO, Security Consulting, Americas, BT.\nBut is it safe?\nMy RSA 2017 talk, “Hacking Blockchain”, includes a fair amount of time explaining historic and current attacks faced by all implementations of the technology. A lot of these attacks are old school, focusing on supporting technology and not on the blockchain itself.\n\nConsider attacks against credentials used at an online cryptocurrency exchange. Such exchanges act as hot wallets, or storage of funds available for transacting online at any time. Traditional authentication hacking of these sites can lead to illegal transactions. Some attacks are even more creative, such as the ability to force a cold or offline wallet to become hot and therefore a target for fraudulent transactions.\n\nThe major issue I cover, though, is the inherent flaw on page one of Satoshi’s paper. That elegant if pesky line about “computationally impractical to reverse” transactions. You see, the crypto behind cryptocurrency is actually public key. We are likely less than three years away from this being completely hackable by a quantum computer.\n\nFacing reality.\nFantasy? Hardly. Labs around the world have already proven that quantum computers can run Shor’s Algorithm and almost instantly find the private key of a public key pair even 4,096 bits long. Because of how public key works in most blockchain implementations, including Bitcoin, this would mean any time a transaction occurs, a quantum computer has everything it needs to obtain a user’s private key. Spend a single cryptocoin, and any entity with a quantum computer can download that currency’s blockchain, see your transaction, and in a few moments spend the rest of your funds.\n\nThe threat seems even worse if you consider blockchains designed to prove ownership of land or other critical identity-related transactions. A private key attack here can lead to an irreversible type of identity theft, at least within that blockchain ecosystem.\n\nThe NSA has already warned against the use of non-quantum-safe encryption. Its’ time to realise we may be rushing towards putting everything on a digital house of cards rather than an unbreakable chain. Let’s fix blockchain’s inherent flaws now, before it’s too late.\n\nIf you want to see our Blockchain demo in person, why not visit Innovation 2017, our technology and innovation exhibition taking place in June.\n$0.00Reply Edit Delete",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
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      "parent_author": "theprairiedog",
      "parent_permlink": "re-wct-re-sgtreport-bitcoin-just-blew-through-usd1-900-to-hit-new-all-time-high-20170519t042231864z",
      "author": "wct",
      "permlink": "re-theprairiedog-re-wct-re-sgtreport-bitcoin-just-blew-through-usd1-900-to-hit-new-all-time-high-20170520t204725806z",
      "title": "",
      "body": "These are words of Konstantinos Karagiannis\nCTO, Security Consulting, Americas, BT.\nBut is it safe?\nMy RSA 2017 talk, “Hacking Blockchain”, includes a fair amount of time explaining historic and current attacks faced by all implementations of the technology. A lot of these attacks are old school, focusing on supporting technology and not on the blockchain itself.\n\nConsider attacks against credentials used at an online cryptocurrency exchange. Such exchanges act as hot wallets, or storage of funds available for transacting online at any time. Traditional authentication hacking of these sites can lead to illegal transactions. Some attacks are even more creative, such as the ability to force a cold or offline wallet to become hot and therefore a target for fraudulent transactions.\n\nThe major issue I cover, though, is the inherent flaw on page one of Satoshi’s paper. That elegant if pesky line about “computationally impractical to reverse” transactions. You see, the crypto behind cryptocurrency is actually public key. We are likely less than three years away from this being completely hackable by a quantum computer.\n\nFacing reality.\nFantasy? Hardly. Labs around the world have already proven that quantum computers can run Shor’s Algorithm and almost instantly find the private key of a public key pair even 4,096 bits long. Because of how public key works in most blockchain implementations, including Bitcoin, this would mean any time a transaction occurs, a quantum computer has everything it needs to obtain a user’s private key. Spend a single cryptocoin, and any entity with a quantum computer can download that currency’s blockchain, see your transaction, and in a few moments spend the rest of your funds.\n\nThe threat seems even worse if you consider blockchains designed to prove ownership of land or other critical identity-related transactions. A private key attack here can lead to an irreversible type of identity theft, at least within that blockchain ecosystem.\n\nThe NSA has already warned against the use of non-quantum-safe encryption. Its’ time to realise we may be rushing towards putting everything on a digital house of cards rather than an unbreakable chain. Let’s fix blockchain’s inherent flaws now, before it’s too late.\n\nIf you want to see our Blockchain demo in person, why not visit Innovation 2017, our technology and innovation exhibition taking place in June.\n$0.00Reply Edit Delete",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
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