Quantum Computers as Potential Threat to Bitcoin Security
Experts warn of future security risks to cryptocurrencies like Bitcoin and Ethereum posed by quantum computing.
The rapid development in quantum computing is increasingly becoming the focus of cryptographic security debates. While Bitcoin, Ethereum, and other blockchain networks are currently considered extremely robust, powerful quantum computers could potentially endanger the cryptographic foundations of these systems in the future.
Experts from TerraQuantum explained to BTC-ECHO that quantum computers could theoretically be capable of breaking Bitcoin's encryption mechanisms [1]. A successful quantum attack would not only compromise the technical security of the network, but could also trigger a crisis of confidence and impact the value of the cryptocurrency.
Interestingly, Ethereum appears better prepared for quantum risk than Bitcoin [1]. The crypto industry is already discussing strategic measures to defend against future quantum attacks. However, it remains unclear when quantum computers will actually pose a real threat.
Specialists emphasize the need to develop preventive security measures before quantum technology reaches the required performance level to pose a serious threat.
Sources
- [1]btc-echo.de
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