Bitcoin’s Future: How Cryptocurrencies Will Adapt to Quantum Computing Threats and Evolve for Enhanced Security
Recent advances in quantum computing, like Google’s Willow chip, raise concerns about the security of Bitcoin. Researchers note that Bitcoin’s open-source design will allow it to adapt and implement quantum-resistant solutions, such as Lamport signatures, to protect against potential threats. Bitcoin relies on digital signatures and hash functions for security, but both could be vulnerable ...