Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
QC would be completely devastating to bitcoin. Anyone with a sufficient QC could break any block of the bitcoin chain they want, essentially giving all the bitcoins to themselves. There are other cryptocurrencies that are quantum-resistant, but bitcoin itself would be done.
I would assume in the face of that the bitcoin network would have to change its consensus to include quantum resistance. I think this is possible but not sure
QC would be completely devastating to bitcoin. Anyone with a sufficient QC could break any block of the bitcoin chain they want, essentially giving all the bitcoins to themselves. There are other cryptocurrencies that are quantum-resistant, but bitcoin itself would be done.
I would assume in the face of that the bitcoin network would have to change its consensus to include quantum resistance. I think this is possible but not sure