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2025-06-20 18:52:35

Layer3.news on Nostr: bitcoinmagazine.com WHAT HAPPENS TO BITCOIN WHEN QUANTUM COMPUTERS ARRIVE? -- ✍️ ...


WHAT HAPPENS TO BITCOIN WHEN QUANTUM COMPUTERS ARRIVE?


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✍️ Bitcoin Magazine discusses the potential impact of quantum computers on Bitcoin, including the threat to mining and transaction signatures, and the need for a migration to quantum-safe signatures.
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👉 Quantum computers could potentially break the mathematical assumptions underlying modern cryptography, including algorithms like Elliptic Curve Cryptography (ECC) used in Bitcoin
👉 The threat to mining and transaction signatures is a concern, as quantum computers could potentially outperform modern ASIC miners and break digital signatures
👉 A migration to quantum-safe signatures is necessary to ensure the security of Bitcoin in a post-quantum world
👉 The challenges involved in implementing this change include the need for larger key and signature sizes, increased verification times, and the potential for quantum computers to outperform modern ASIC miners

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#technology
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Bitcoin Magazine What Happens to Bitcoin When Quantum Computers Arrive? A high level overview of the recent report by Chaincode Labs on the threat quantum computing poses to Bitcoin. This post What Happens to Bitcoin When Quantum Computers Arrive? first appeared on Bitcoin Magazine and is written by Anthony Milton and Clara Shikhelman.
https://bitcoinmagazine.com/technical/what-happens-to-bitcoin-when-quantum-computers-arrive

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