Is Quantum Computing a Real Threat to Bitcoin and Other Cryptocurrencies

in #quantum6 years ago (edited)


Today I was inspired to start a crucial conversation about quantum computers and cryptocurrency. Apparently, cryptocurrencies like Bitcoin won’t stand a chance to quantum computing. According to the article I found here in this video, the owner of the quantum computer will own all of cryptocurrency. I want to see if this is really as big of a threat as these articles are making it out to be. I’ve seen information supporting both sides of the argument, but I also imagine that there are projects already underway to fend off the threat of quantum computing.

Articles in this video: https://www.bitsik.com/blogs/bitcoin-news/new-year-new-forks-world-bitcoin-and-bitcoin-candy-expected-soon

http://www.veektime.com/software/physicist-bit-quantum-computers-will-finish-bitcoin-3/


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