Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Coinpedia 2024-12-10 10:18:06

Is Bitcoin’s Security Threatened by Quantum Computing?

The post Is Bitcoin’s Security Threatened by Quantum Computing? appeared first on Coinpedia Fintech News Elliptic Curve Cryptography is the backbone of Bitcoin. If it is compromised, the entire system will collapse for sure. Approximately 2,500 logical qubits are needed to break BTC’s ECC. The problem is: many believe quantum computers could reach this capacity in just 5 to 15 years. In a recent post, Capriole Investments founder Charles Edwards …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.