Articles for tag: Bitcoin security, blockchain technology, Cryptography, ECDSA, quantum computing, Quantum Threats, SHA-256

Bitcoin and Quantum Computing: Unraveling the Myths and Realities Behind the Hype

Quantum computing raises concerns about Bitcoin’s security, but there’s no need for immediate worry. Current quantum computers are far from capable of breaking Bitcoin’s cryptographic defenses, which rely on powerful algorithms designed to protect transactions. Today’s technology has around 100 qubits, while breaking Bitcoin’s encryption would require millions. Moreover, Bitcoin’s design includes features that enhance ...