Nine Blockchain Groups Unite as Quantum Threat Hangs Over Bitcoin
A new coalition of nine blockchain organizations is tackling a problem that could eventually put roughly 6.4 million bitcoin at risk, including an estimated 1.1 million BTC associated with Satoshi Nakamoto. Launched this week, the Quantum Alliance wants to establish common security standards before powerful quantum computers can crack the digital signatures protecting cryptocurrency wallets. […]
Key Takeaways
- A new coalition of nine blockchain organizations is tackling a problem that could eventually put roughly 6.4 million bitcoin at risk, including an estimated 1.1 million BTC associated with Satoshi Nakamoto.
- Launched this week, the Quantum Alliance wants to establish common security standards before powerful quantum computers can crack the digital signatures protecting cryptocurrency wallets.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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