Bitcoin's Quantum Debate Is Resurfacing & Markets Are Starting To Notice [zero hedge]
Cloudflare, Inc. Class A (NET)
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Source: zero hedge
Bitcoin's Quantum Debate Is Resurfacing & Markets Are Starting To Notice Authored by Shaurya Malwa via CoinDesk.com, What to know: The majority of Bitcoin developers argue that quantum computing does not pose an immediate threat to the network, with machines capable of breaking its cryptography unlikely to exist for decades. Critics express concern over the lack of preparation for quantum threats, as governments and companies begin adopting quantum-resistant systems. The Bitcoin Improvement Proposal (BIP)-360 aims to introduce quantum-resistant address formats, allowing users to gradually transition to more secure cryptographic standards. Quantum computing and the threat it poses to encrypted blockchains has once again crept into online bitcoin conversations, raising concerns that it poses a long-term risk that investors and developers are still struggling to talk about in the same language. The latest flare-up in the debate followed comments from prominent Bitcoin developers pushing
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