Bitcoin's Quantum Threat Is Real. The Migration Clock Is Ticking
The industry keeps asking when a quantum computer will be powerful enough to crack Bitcoin. Elliptic-curve cryptography has been known to be quantum-vulnerable for more than thirty years, and crypto still has no mechanism to make everyone move off it. Fortune put the exposure at $2 trillion in digital assets secured by elliptic-curve cryptography, against The post Bitcoin's Quantum Threat Is Real. The Migration Clock Is Ticking appeared first on BeInCrypto.
Key Takeaways
- The industry keeps asking when a quantum computer will be powerful enough to crack Bitcoin.
- Elliptic-curve cryptography has been known to be quantum-vulnerable for more than thirty years, and crypto still has no mechanism to make everyone move off it.
- Fortune put the exposure at $2 trillion in digital assets secured by elliptic-curve cryptography, against The post Bitcoin's Quantum Threat Is Real.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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