Bitcoin Vs. Quantum: Saylor Says The Threat Is Over A Decade Off
Market jitters over a futuristic risk met a calm reply this week. Some voices warn that quantum machines could one day threaten the keys that protect Bitcoin and other cryptos. Other leaders say the danger is distant and that systems can be fixed well before disaster strikes. Related Reading: Could A Stablecoin Fund Gaza Relief? […]
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Quantum computing has become a durable risk narrative for Bitcoin. This week, Galaxy Digital head of research Alex Thorn sat down with Strategy executive chairman Michael Saylor addressing the issue, shortly after Saylor posted his own “Bitcoin Quantum Leap” thesis on X. “The Bitcoin Quantum Leap: Quantum computing won’t break Bitcoin—it will harden it. The […]
Michael Saylor tossed a compact bit of Bitcoin game theory onto X on Tuesday and it set off the predictable kind of fight: technical details colliding with ideology. “The Bitcoin Quantum Leap: Quantum computing won’t break Bitcoin—it will harden it,” Saylor wrote, adding: “The network upgrades, active coins migrate, lost coins stay frozen. Security goes […]
Quantum computing still has a long way to go before posing a threat to blockchain technology. Quantum computing has raised concerns about the future of cryptocurrency and blockchain technology in recent years. For example, it is commonly assumed that very sophisticated quantum computers will one day be able to crack present-day encryption, making security a serious concern for users in the blockchain space.The SHA-256 cryptographic protocol used for Bitcoin network security is currently unbreakable by today’s computers. However, experts anticipate that within a decade, quantum computing....
A senior UK security official is pushing for a temporary freeze on cryptocurrency donations to political parties, warning that foreign governments could exploit the hard-to-trace nature of digital currencies to quietly shape British politics. Related Reading: Bitcoin Vs. Quantum: Saylor Says The Threat Is Over A Decade Off Matt Western, who chairs the Joint Committee […]
Efforts are under way to develop the world’s first operational quantum computers, which will mark a literal quantum leap forward in technology. The Australian quantum computing startup Silicon Quantum Computing revealed Friday that it has constructed the world’s first atomic-scale integrated circuit that will power a new breed of computing machines. While that’s an impressive feat […]