The Quantum Threat to Bitcoin: Real Danger or Just Hype?

[Bit-Mj1014]

Some critics have claimed that a cryptographically relevant quantum computer (CRQC) could one day destroy Bitcoin, The theory is simple, a powerful enough quantum machine could reverse engineer secret private keys from public keys, allowing hackers to steal funds and falsify transactions.

Is this something we have be worried about?

The Quantum Issue: Quantum Isn’t Coming For Your Bitcoin
https://cryptonews.net/33525147/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

[BIT-BENDER]

The real danger is you not doing your own research, there are many threads about the Quantum topic, be it threat or hype there are so many thread where you can contribute or get information from already from the forum.
There is no juice to be squeezed out again from this topic just spams because the is already so much given on this quantum thread.

[windpath]

The threat is real, the hype is the danger. This is a known issue, with working solutions in the BIP process.

Learn more:

https://www.learnbitcoin.com/rabbit-hole/quantum-and-bitcoin

https://chainquery.com/reports/quantum-exposure

[Dunamisx]

Do make sure to use the search engine to know whether a topic has been discussed before or not on this forum; this is just a repetitive version of what has been consistently discussed in the past. If I search the forum well, I should be able to bring up more than 10 topics that talk about the quantum threat to Bitcoin.

I think you've got enough replies and can possibly lock the thread.

[Amphenomenon]

This has been extensively discussed and is something that we all are well aware of. Technology will always advance and same as security, anything that can't change this will fall and Bitcoin is not like that,  take your time and go through the links shared, no matter the feedback enjoy the knowledge shared.

[Sammysmart001]

The threat is real, the hype is the danger.

This an important distinction cause having to say that quantum can break Bitcoin can make it to sound like every Bitcoin wallet it immediately at risk, the biggest concern is when public key is being exposed, and quantum computer powerful enough can use it to work towards recovering the private key. So whether quantum computers will become powerful it not the only real   Issue. This can be a practical threat if weather Bitcoin can upgrade it cryptography. The technology itself doesn’t automatically mean Bitcoin is finished, if there be enough time to move to quantum resistant methods.