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0 sats \ 1 reply \ @toofasteddie 8 Jan 2023 \ on: Poll: In your opinion, is there anything that could break Bitcoin? bitcoin
Quantum computing, but before it could destroy the whole internet
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6 sats \ 0 replies \ @DarthCoin 8 Jan 2023
QC is just a myth,.. is not a threat at all. People using QC as excuse against Bitcoin they know nothing about Bitcoin and also about QC.
The security of Bitcoin was designed to be upgraded in a backward-compatible manner and could be upgraded if deemed an imminent threat (cf. Aggarwal et al. 2017, "Quantum Attacks on Bitcoin and How to Protect Against Them").
See the implications of quantum computers for public key cryptography.
The risk of quantum computers also exist for financial institutions such as banks, because they depend heavily on cryptography when transacting.
Here is a masterful answer on attacks on Bitcoin with Quantum Computing
And here you have described how Quantum proof can be activated on Bitcoin
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