Ark Invest sees one-third of Bitcoin supply at risk from quantum threat
Ark Invest has warned that approximately one-third of Bitcoin's supply could be vulnerable to quantum computing threats. The firm highlights that advancements in quantum technology could potentially compromise the cryptographic security that underpins Bitcoin transactions. This concern arises as quantum computers may eventually be able to break the encryption used to secure digital assets. Ark Invest emphasizes the need for the cryptocurrency community to develop quantum-resistant solutions to safeguard Bitcoin's integrity. The report underscores the urgency of addressing these risks as quantum computing technology progresses.
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