To freeze or not to freeze: Satoshi and the $440 billion in bitcoin threatened by quantum computing
The article discusses the potential threat that quantum computing poses to Bitcoin, particularly the $440 billion worth of the cryptocurrency. Quantum computers could potentially break the cryptographic algorithms that secure Bitcoin transactions, leading to concerns about the safety of users' funds. Experts are debating whether to implement preemptive measures, such as freezing certain Bitcoin addresses or upgrading cryptographic protocols, to mitigate these risks. The urgency of addressing this issue is heightened by the rapid advancements in quantum technology. Overall, the article highlights the need for the cryptocurrency community to prepare for the implications of quantum computing on digital currencies.
Read the full article: CoinDesk