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Cryptocurrency analysts predict the development of the Bitcoin blockchain due to quantum tenchology
Famous cryptographer and cypherpunk Adam Beck believes that progress in quantum computing will not destroy bitcoin BTC $104,583.30 Bitcoin 0.20% Market capitalization $2.07 trillion VOL. 24 hours $2.52 billion , but, on the contrary, will strengthen it. In his reasoning, he notes that while quantum threats are still decades away, the development of cryptography will allow for more compact and reliable protection schemes.
Recently, Google Quantum AI introduced the Willow quantum chip, which performed complex calculations in minutes, while a modern supercomputer would have needed more than 10 septillion years. This event reignited discussions about the threats that quantum computers could pose to the bitcoin network. Beck is reassuring, saying that a computer with 1 million qubits is still at least 50 years away.
In his opinion, even if such computers do appear, new cryptographic solutions will allow bitcoin to integrate reliable security mechanisms. This will help avoid the risks associated with key hacking or other vulnerabilities.
Earlier, other experts expressed a similar opinion, calling fears of quantum attacks exaggerated. In addition, Ethereum founder Бутерін" href="https://noworries.news/biography/vitalij-buterin/" data-bio-id="3642">Vitalik Buterin suggested ways to protect his platform from potential threats of this technology.
Thus, quantum computers may become not a challenge but an incentive for the further development of blockchain and cryptography technologies.