Quantum computers have the potential to break the security of Bitcoin and other cryptocurrencies. This is because quantum computers can solve certain problems much faster than classical computers. However, there are ways to protect Bitcoin from quantum computers. One of the ways that Bitcoin is protected from quantum computers is through the use of public-key […]
Why Quantum Computers Won Bitcoin Wallets
Bitcoin wallets are a target for quantum computers. Here’s why. Bitcoin wallets are a target for quantum computers because the algorithms that create the public and private keys used in bitcoin wallets are based on elliptic curve cryptography. This type of cryptography is relatively easy to break with a quantum computer. A quantum computer is […]
Read Time:
22 Min
0
0