block-chain will run on quantum computers that settle transactions

What I'm about to say may sound CRAZY, it may seem UNIMAGINABLE or INCOMPREHENSIBLE.

I had an epiphany about this block-chain technology and realized something MIRACULOUS. There will be even crazier technology after block-chain and after the quantum computing phase.

In the future, I think its highly probable block-chain will run on quantum computers that settle transactions and produce state changes over nodes instantaneously using distributed quantum entangled states.. Think of the implications, transactions being processed without any time delay, zilch, zilch, Nada. Quantum entanglement allows just that, instantaneous information transfer through coercion of spin states of particles and light.

If the human race migrated to other solar systems and beyond, quantum entanglement gives the ability to transfer data across galaxies instantly (THE SPEED OF FRIGGING LIGHT DOES NOT EVEN MATTER!). There is research being done in quantum cryptography that could possibly be beneficial to this becoming applicable. Its far fetched but it is definitely NOT IMPOSSIBLE, seeing the current rate at which our society and technology is evolving. It sounds like quantum physics and block-chain could be 2 peas in a pod.

Until we understand quantum computing, there won't be any possibility . D Wave is at 512 q-bits I think.

This might sound strange, but you can think of our entire universe as a quantum computer running on a block-chain. Think about it. In every parallel universe, the information in it reaches a consensus in blocks of time (BT). Do you know about entropy? That is the hash function of our universe, and works like a merkle tree. Economics is one of the prominent fields throughout which Quantum mechanics can be deployed. Quantum mechanics can be utilized to create a novel class of block-chains.

Abstract

Quantum Mechanical principles have brought about a revolution in the way we perceive our world and use technology. One of the possible impacts and usage of Quantum mechanics is in the field of economics. Quantum mechanics can be applied to build a new class of Block-chain systems. This paper explores that possibility. It deals with how Quantum Mechanics can be best implemented to bring into existence a new class of Block-chain systems. These Quantum Block-chains (called K-Chains) will have several advantages like possible Faster-Than-Light (FTL) communication of Transactions, Unlimited network capacity and the revolutionary prospect of an Off-line Block-chain which will not need to be connected to the internet for transactions to occur. Extrapolation of this likelihood can lead to the designing of Quantum Turing Machines which are based on Quantum Block-chain (K-Chain) Technology. Real time information and communication systems spanning distances across light-years will most likely be probable. This can allow Mankind to instantly exchange value and information across vast distances of space almost instantly.

link to Ssrn! ([https://ssrn.com/abstract=2898679]) withe paper

As the K-Chain blockchain protocol is based on the principles of quantum mechanics, we can expect the following:

1- Transactions between all wallets will occur simultaneously.
2- All transactions will exist in a state of superposition, i.e. all transactions will have been executed and not have been executed at the same time.
3- When transactions are to be recorded on the K-Chain, or the quantum blockchain, only one transaction will have been executed, while the others will be automatically invalidated. In other words, the superposition of transactions will be reduced into a single valid transaction.
4- Accordingly, the transaction that goes through can be considered to have been “automatically verified”.
5- If a payer A tries to double spend, or even multiple spend, and a billion wallets exist, the probability of the funds being sent to the predestined receiver will be 10-9. Consequently, if A tries to perform a double spend, he/she would be penalized as he/she will lose his/her funds, so double spends are penalized whenever attempted.
6- Transactions with zero amount of money won’t be allowed, so spam transactions will be eliminated.
7- Only a single transaction per device at a given time will be permitted.
8- Queuing of transactions will be allowed in the K-Device.
9- A transaction will be recorded on the K-Block (Kuantum Block) only if a definitive ‘1’ is indicated by the Fourth Register.

The following represents the difference between classic blockchains and K-chains:

Classical Blockchain
Utilizes solid state electronic principles, i.e. bits are used for functioning
Double spending can be eliminated via broadcasting
Double spending and 51% attack can happen
Block confirmation time represents a finite value
For transactions to be executed, an internet connection is mandatory
Conventional encryption is used
Limited network capacity as the block confirmation time represents the primary restraint

K-Chain (Kuantum Blockchain)
Utilizes the principles of Quantum mechanics, i.e. uses qubits for functioning
Broadcasting isn’t needed. Quantum entanglement promotes automatic broadcasting.
Double spending is impossible to occur
Block confirmation time is zero
Transactions can be executed without connection to the internet.
Quantum
encryption is used
Theoretically, there is an unlimited network capacity

----PS. - I HOPE THIS IDEA DOESN'T GO TO WASTE IN THE LANDFILL OF POSTS -----

As much as I would like to be innocent, I am guilty myself of getting excited and wanting to express my joy with ridiculous posts/comments, it happens.

I am open sourcing this idea because I personally do not have the power to invent and integrate this technology together… or do I?…No I don’t. Hopefully the experts will take this idea and run with it!