SaidIt Survey : Which is worse - the thought police or the tax man?

submitted by JasonCarswell from (media.dhakatribune.com)

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[–]happysmash27 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

I prefer QRL at the moment, since it is one of the few cryptocurrencies which will not have its private keys cracked when quantum computers get a bit more powerful and because it has a nice community I like contributing to.

It will be pretty hard to make almost any of the other existing cryptocurrencies quantum resistant, since it will require a fork that either:

• Leaves lots of addresses vulnerable to cracking. This means that, when quantum computers get powerful enough, the market may be flooded with stolen cryptocurrency lowering the value of it.

• Has a limit of time in which people can convert to the new signatures thereby making many people lose their crypto.

Two other resistant cryptocurrencies include IOTA and Mochimo. I don't generally use IOTA due to the centralisation problems, though.