No, they mean breaking RSA. The industry standard methods of storing passwords are resistant to QC attacks. Passwords could be broken while being passed between client and server under existing algorithms, but not the databases they're stored in.
For now they are only being used for research purposes. For example, simulating Quantum effects in many atom physics and implementing error correction for future quantum computers. Any real applications still need some time but the pace of development is really quite something.
Currently, there is basically only one real world application we really know: Factoring numbers into prime factors. And we can't know for sure whether there will be more even.
I am a physicist and truly appreciate the effect of quantum computing on our simulations, but with "real world" I meant proper industrial use. And for that, there are hardly any algorithms known except Shor's. When the CEO of Deutsche Bank says he will do his bank transactions on a quantum computer, you know the topic is over-hyped.
You're still wrong. Quantum computers have use for developing new medications through simulating chemical interactions, and in making logistics more efficient. The hit against encryption is vastly overrated, and may not even be feasible.
I understand that you can't just translate random algorithms to quantum computers and expect them to run better - but I did link an overview of 5 quantum algorithms that have real world uses, and Shor's is only one of them.
I don't consider Sabine Hossenfelder a person worth listening to. She frequently comments on topics she doesn't know much about/has a very biased view of (e.g. her transphobic video).
Given that you thought that factoring primes was the only real world application of QC, I frankly don't take your opinion here very seriously. Breaking encryption is one of the least interesting applications of QC. It's just the one that gets all the headlines. Yes, even for "proper industrial use".
Thanks for this productive discourse, not ad hominem at all. You're welcome to criticize my views and I'm happy to learn. And I am doing my physics masters, so I think I am no complete idiot. But this is also not productive.
Edit: I'm focusing on cosmology, I'm not claiming to be a quantum computing expert. That was just my last state of knowledge and I'm always happy to learn.
Focusing on what QC will do to encryption tends to mean you got most of your knowledge about them from pop sci articles. As you can see from this very thread, you're hardly alone in this, but it remains a big red flag for people who don't know what they're talking about on this subject.
I'm talking about her video on transitions in general, not sure if you're referring to that or something else. She misrepresented the state of research (implying there's less research concluding transitions to be a good thing than there really is) and shared misinformation.
I don't think I was talking about this, interesting. Because in the video I mentioned she was fine with trans athletes competing together with cis athletes, which seemed very progressive to me. But I'm happy to be proven wrong.
Wasn't there a study that, with the current approach of evaluating an average to break it down to a few finite states, they might never be able to do for what they were developed; cracking passwords?
If by "cracking passwords" you mean reversing password hashes in a database, quantum computers aren't going to make a big dent there. The standard industry ways of doing that wouldn't be affected much by QCs. Breaking encryption, OTOH, with QCs is a concern, but also vastly overrated. It would take orders of magnitude more qubits to pull off than what's been worked on so far, and it may not be feasible to juggle that many qubits in a state of superposition.
I get really annoyed when people focus on breaking encryption with QCs. They are far more interesting and useful than that.
QC can make logistics more efficient. Have you ever seen photos of someone unpacking a giant Amazon box holding one little micro SD card? Amazon isn't dumb about these things, but our best methods of packing an entire truck is a guess. Packing algorithms would take too long to calculate how to perfectly pack it, so they come up with a solution that seems OK, and that leads to a few "filler" boxes that are unnecessarily large, among other inefficiencies. QC can solve this problem without taking the age of the universe to come up with a solution.
The order in which that truck delivers those packages can also be made more efficient with QC.
Then there's molecular simulations, which have the promise of making medications that are more effective, more likely to pass trials, and with fewer side effects. This can be done far faster on a QC.
Interesting, I’ve only really heard of breaking encryption with them. Is there already a proven algorithm for packing that could be reasonably done with a qc not too far into the future
I dont think that the only use of Quantum computers is password cracking, rather that one of the types of work loads thats much easier on a quantum computer.
There’d just be new cryptocurrencies. There are crypto algorithms that are already quantum resistant. Monero is a great example.
You seem to be under the impression that crypto somewhat relies on current technology to exist. It’s a set of heuristics and algorithms, not a single implementation. And those can evolve for new use cases or technologies.
What you said is akin to “if something like this could make databases obsolete”.
The question, the problem with crypto, is not how, it's why?
It isn't about if we can or cannot. It's about the usecase of it all.
For now, the only use case crypto has is wel... Betting. It's hard to call it anything else like speculation.
You would be out of your mind to use it as a currency. The worth of crypto is too volatile. Even black market usage is problematic due to this. (did i just buy a pound of coke for 50k or 100k? Who knows? I guess we see tomorrow)
It also is too slow to use as a currency; the transaction times are off the charts compared to other forms.
It also is the most wasteful form for storing wealth.
It's also the most risky way for storing wealth. The amount of hacks and scams are insane.
It, in its current form will never be a legal tender. Currency is about control for governments, to devalue or not, to prop up the economy, boosting it or easing it down when needed and crypto doesn't provide that. So to use that wealth you'll always need an exchange. A third party. Which, recent history has thought us, are very prone to abuse and regulation. they can be banned overnight. (China comes to mind)
It's a solution. The question is for what. The popularity of it all is based on 2 things : greed and the fear of missing out. (which again boils down to greed)