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bitcoin quantum computing risk
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Quantum‑resistant algorithms are already in the works, so the threat isn’t immediate, but developers should start testing migration paths now.
I’ve seen papers suggesting Grover’s algorithm could halve Bitcoin’s effective hash power, but that still leaves a massive security margin.
If a nation‑state builds a large enough quantum computer, they could target specific high‑value addresses, so custodial services need to enforce multi‑sig and hardware wallets.
Most miners won’t care until the network’s difficulty drops noticeably; the market will price the risk long before a break happens. cryptocurrency what is it and how does it work
I’m skeptical about hype – building a fault‑tolerant quantum computer capable of breaking SHA‑256 is still decades away.
That said, the community should schedule a hard fork to adopt post‑quantum signatures before the tech catches up.