Bitcoin Private Keys could be cracked With Quantum computers?

tylerwinklevoss
2022-10-21 09:06:38

Google has left everyone awestruck with it's latest technological development of quantum computer which claimed to hold the potential of handling intricate calculations in seconds. while on the other hand the entire procedure for bitcoin mining and transaction based and secured by complex mathematical structures, which are almost impossible to breakthrough. though not sure for how long with the new quantum approaching.
This news has shaked many bitcoin holders and traders worried of losing their BTC, though this time it's not about price it's something much bigger than that, something that can change the fate of crypto industry from its core.

elandicaprio
2022-10-21 09:09:59

There is no forever I guess. It is not unusual that someone can step up and this process from Google is just a start. Meaning, anything can reduce work is really possible when some genius put their effort to create it. Well this is it. Of course some will trigger that cryptocurrency isn't always the best option for easy life or appropriate method for fast and secure transaction. But I dont believe market will tremble with this news and causing a bloody market with bitcoin market.