What's the concensus on whether quantum computing will be able to hack the bitcoin encryption? Seems to be developing at a faster pace then expected at the moment. Surely that will put end to the raging bull? When or if it happens
By the time quantum computers can get to the point of cracking bitcoins encryption - it would have likely developed quantum resistant cryptography - as far as I can tell. I think bitcoin is already starting the migration - but could be wrong.
Thought that could be the case, think early unused could be very vulnerable. Perhaps the ones in the tip could finally yield some value or even satoshi cashes some in?
What's the concensus on whether quantum computing will be able to hack the bitcoin encryption? Seems to be developing at a faster pace then expected at the moment. Surely that will put end to the raging bull? When or if it happens