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QFS

A

AlM

Well-known member
Is this happening and is Kinesis considering it?

It seems to be a perfect fit as *only* gold-backed currency is eligible, managed on a blockchain:

Quantum Financial System: The Basic Overview

At the moment, universal quantum computers and feasible long-distance networks are still in development. I shall describe the fundamental concepts of the quantum financial system in this text.
www.top1insights.com
 
Yes the rumour is Elon may launch a CEX and/or trading platform on X via a Soroban supported Stellar fork using Quantum computing + AI. I'm try to piece clues together but there is alot of noise / fake tokens / scams in the "Matrix" so its not easy.. There is potential for "assets" backing that system but that part maybe just hope piggybacking on some cultish wishful thinking a la QSI (Quantum Stellar Initiative)..
 
AlM said:
Is this happening and is Kinesis considering it?

It seems to be a perfect fit as *only* gold-backed currency is eligible, managed on a blockchain:

Quantum Financial System: The Basic Overview

At the moment, universal quantum computers and feasible long-distance networks are still in development. I shall describe the fundamental concepts of the quantum financial system in this text.
www.top1insights.com
Click to expand...
I did a bit of studying up on quantum computing for the Navy. This article strikes me as some serious hype, like is often present when people talk about quantum computing. It’s standard blockchain but then throw in quantum computing to make it sound more advanced.
 
The Quantum Financial System has been hyped over the net for years. AFAIK it does not currently exist, even though it has been said that all global transactions run simultaneously on the QFS in the background.

"QFS is frequently stored and operated on quantum computing-based satellite servers. This is due to the fact that QC is more secure and sophisticated due to its processing style. Quantum computing combines two or more quantum states to produce another state by shooting electrons through semiconductors with a programmable pulse of light, resulting in the fastest level of speed. This is why quantum computers can store far more information and perform much faster than current-generation computers."

Well, that sounds good but if that's it then implementation would seem to be at least a decade away i.e. about as long as it might take to get LK-99 developed into usable devices.
 
SteveW said:
The Quantum Financial System has been hyped over the net for years. AFAIK it does not currently exist, even though it has been said that all global transactions run simultaneously on the QFS in the background.

"QFS is frequently stored and operated on quantum computing-based satellite servers. This is due to the fact that QC is more secure and sophisticated due to its processing style. Quantum computing combines two or more quantum states to produce another state by shooting electrons through semiconductors with a programmable pulse of light, resulting in the fastest level of speed. This is why quantum computers can store far more information and perform much faster than current-generation computers."

Well, that sounds good but if that's it then implementation would seem to be at least a decade away i.e. about as long as it might take to get LK-99 developed into usable devices.
Click to expand...

The noise on the web is so loud..
Anyway, lets focus on the matters at hand.
 
Forsytjr said:
I did a bit of studying up on quantum computing for the Navy. This article strikes me as some serious hype, like is often present when people talk about quantum computing. It’s standard blockchain but then throw in quantum computing to make it sound more advanced.
Click to expand...
Quantum computing is mostly hype.



Watch this Goethe University educated physicist lady explain why it's all hype and mostly trash.
May have some niche applications where it's actually useful - but let's scale the optimism on it way back.

The biggest problem for the quantum computer models is that the results aren't consistent.
IMO what is more important to study than anoter linear system is non-linear system modellig or the behavior of non-linear dynamic systems.

So edge computing and clustering behavior in large data to make predictions based on non-linear relationships. Understanding that better would help way more than quantum computers.
 
Like anything that can model exponential and log functions well and determine at which points they cancel each other out and make a dynamic system change states?

As in behavior of water. It freezes at -4 if liquid, it melts at 0 if solid.
This difference in freezing and melting points is called hysteresis.
Hysteresis means that a system state changes depending on the current system state.
So in the case of water, if it is liquid or solid will determine at what temperature water will change its systemic state (in this case it's phase) from liquid to solid or vice versa.

Same applies to liquid and gas as condensation and evaporation also occur at different temperatures.

So how can I make useful predictions about water's behavior?l

You can model hysteresis with catastrophe theory.
I did that with data from psychological research.
But you can also use it for sociological or economic research.
As in; when does market flip from bear to bull - when from bull to bear?

I am sure you could find many situations were a catastrophy model is much more useful than a quantum computer.
It is barely applied and was formalized in the 70s.
Almost no one outside of physics ever used it, even though it turned out to be pretty useful in psychology to describe fight & flight response among other things.
 
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