Cryptocurrency Q&A
How risky is quantum Bitcoin?
How risky is quantum Bitcoin?
QuasarPulse
Fri Nov 08 2024
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7 answers
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I'm wondering about the level of risk involved in quantum Bitcoin. Is it safer or more vulnerable compared to the traditional Bitcoin system? Could someone explain the potential risks and implications?
7 answers
Elena
Sun Nov 10 2024
These estimates are based on advanced calculations and ongoing research in the field of quantum computing.
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Maria
Sun Nov 10 2024
The development of quantum computers poses a significant threat to current cryptographic systems, including those used in RSA encryption.
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Bianca
Sun Nov 10 2024
Alongside RSA keys, quantum computers could potentially target other forms of digital signatures.
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LightWaveMystic
Sun Nov 10 2024
Scientific projections currently indicate that the time required for a quantum computer to crack an RSA key stands at approximately 8 hours.
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GeishaWhisper
Sun Nov 10 2024
Specifically, some calculations suggest that a Bitcoin signature could be compromised within just 30 minutes by a quantum computer.
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