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Author Topic: BITCOIN, QUANTUM COMPUTER AND THE FUTURE  (Read 37 times)
Veloxcrypt (OP)
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Today at 10:00:02 AM
 #1

As Bitcoin grows into a global financial asset, one long-term question keeps coming up: what happens when quantum computing becomes powerful enough to challenge today’s cryptography?
Bitcoin currently relies on SHA-256 hashing and ECDSA signatures to secure wallets and transactions. In theory, a sufficiently advanced quantum computer could break certain cryptographic schemes, especially public-key cryptography. The concern is that if quantum machines ever reach that level, they could potentially derive private keys from exposed public keys.
However, while researching this topic further, I came across an article on Sandmark that explains in detail how Bitcoin could be affected by quantum computing while also highlighting possible solutions to these threats. What stood out to me is that the discussion isn’t just about risk, it also explores how the Bitcoin network could adapt through quantum-resistant cryptographic upgrades if necessary.
I believe the article is worth reading for anyone interested in the long-term future of Bitcoin security. It presents the issue in a balanced way, not as fear-driven speculation, but as a technological challenge that can be addressed with proper preparation.
you can find the article using the link below
https://www.sandmark.com/news/analysis/bitcoin-versus-quantum-computer
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Today at 11:11:58 AM
 #2

The answer is pretty simple.  Bitcoin adapts.  Or, it does not adapt and falls behind, dying in the process.  After all, the risks are now well known and what happens in the future is pretty much only a question mark.  So far, Bitcoin has proved to be very adaptable to the environment and to the risks around it.  When Quantum Computing arrives in the hands of general users, the Internet and Bitcoin can only adapt and what ever falls behind will be vulnerable and presumably attacked.

 
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SatoPrincess
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Today at 11:15:49 AM
 #3

For the OP and anyone else who is concerned about quantum computers, there have been so many quantum computing threads in this board, I’m sure you will find answers in one of these:


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348Judah
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Today at 01:37:08 PM
 #4

As Bitcoin grows into a global financial asset, one long-term question keeps coming up: what happens when quantum computing becomes powerful enough to challenge today’s cryptography?

I believe related threads have already been discussed about this countless times already, we should not support the idea that bitcoin could possibly be attacked by the incidence of quantum computers, however, its also important that we know they all serve a different use case, even though as powerful as the quantum is, they may not fully gain access into bitcoin cryptography as many already thought, letting others believe that quantum could pose a possible harm to bitcoin network could cause a serios fear from investors and the entire network.
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