Quantum Computer Development Threatens Bitcoin Security
According to experts, the rapid development of quantum computers poses an increasing threat to Bitcoin's cryptographic security.
Bitcoin's security architecture is coming under pressure from advances in quantum computing technology. Since Google presented its quantum computer "Willow," which surpasses classical supercomputers by orders of magnitude, the crypto community has intensified discussions about potential threat scenarios.
Bitcoin is based on the assumption that deriving private keys from public addresses is practically impossible with conventional computing technology. Quantum computers could, however, shake this fundamental assumption in the medium term by solving the complex mathematical calculations underlying cryptography significantly faster than current systems.
According to expert assessments, up to 50 percent of all Bitcoin stored in older wallet types are particularly at risk [1]. Certain address formats are considered more vulnerable to potential quantum attacks than more modern variants.
The Bitcoin community is already working on solutions and discussing various upgrade paths to make the network quantum-resistant. Experts advise users to regularly update their wallet software and pay attention to secure storage methods while technical development continues to advance.
Sources
- [1]btc-echo.de
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