What is Satoshi is SHA-256 (SS256) project?
This project scrutinizes Grover's algorithm in quantum computing from the perspective of cryptocurrency systems.
The following report presents the numerical results of an analysis in which Grover's algorithm is applied to cryptocurrencies.
Frankly speaking, compared to this, the threat posed by Shor's algorithm becomes almost irrelevant.
Why was such a critical issue left unaddressed for so long?
Why does Web3 focus almost exclusively on Shor’s algorithm?
This report is designed to shed light on that very question.
While avoiding overly complex equations,
the calculations are structured so that the true essence of Grover's algorithm can still be clearly understood.
Thank you for your attention.
>> 628-EN, The Hashrate-Grover problem