Will Quantum Computing Bust Bitcoin (BTC)? World Economic Forum Analyzes Threat to Cryptography

Will Quantum Computing Bust Bitcoin (BTC)? World Economic Forum Analyzes Threat to Cryptography
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The World Economic Forum says quantum computers have the potential to breach public-key cryptography, which is the mathematical process that helps keep the Bitcoin network secure. At a World Economic Forum Centre for Cybersecurity’s Future Series meeting, cybersecurity experts explain how quantum computing may pose a serious threat to Bitcoin. “The sheer calculating ability of a sufficiently powerful and error-corrected quantum computer means that public-key cryptography is ‘destined to fail’, and would put the technology used to protect many of today’s fundamental digital systems and activities at risk. The key exchanges, encryption and digital signatures that protect financial transactions, […]

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