What’s next, Bitcoin! Quantum-proof wallets?!

Other signature schemes could replace the Elliptic Curve Digital Signature Algorithm. The replacement would seek to prevent the derivation of private keys from public bitcoin addresses. The community of users and developers have expressed their concern about the future of Bitcoin in the face of the advent of quantum computing. To date, concerns have mainly … Read more

Satoshi foresaw the consequences of quantum computing “breaking” Bitcoin

Recently, the technology giant Google launched a quantum chip called Willow. The processing capacity of this chip has been described in an attractive way for marketing, saying that it can solve in 5 minutes a mathematical problem “that would take a supercomputer 10 septillion years (that is, 10 25), a number that far exceeds the … Read more

Adam Back gives his opinion on quantum and its danger for Bitcoin

On December 9, Google launched Willow, its quantum chip with a power of 105 qubits. Other analysts, in agreement with Adam Back, understand that this risk would be distant. The debate over advances in quantum computing and its potential impact on cryptography continues to generate reflections. Recently, CriptoNoticias reported that analysts have dismissed the theoretical … Read more

Willow, Google’s quantum chip, a threat to Bitcoin?

Hypothetically, a powerful quantum computer would compromise BTC’s cryptography. Bitcoin uses algorithms to protect digital signatures for transactions and mining. On December 9, tech giant Google announced the launch of Willow, its new quantum chip. This advance sparked debates about the potential impact of this technology on the security of Bitcoin (BTC), whose cryptography is … Read more