#Quantum computers cannot crack Bitcoin.#
Hot Topic Overview
Overview
Quantum computers do not pose a major threat to Bitcoin at present. While quantum computers could theoretically break Bitcoin's encryption algorithms, industry experts believe that the Bitcoin network will adapt to this threat as technology advances. Even if hacked, attackers may choose to conceal their actions to avoid crashing Bitcoin's value. Additionally, if Satoshi Nakamoto's wallet were to be stolen, the network could hard fork to a state before the hack. Ultimately, Bitcoin's value depends on people's consensus, which quantum computers cannot break.
Ace Hot Topic Analysis
Analysis
The threat of quantum computers to Bitcoin is not insurmountable. Ki Young Ju, founder and CEO of CryptoQuant, believes that there is no need to be overly concerned about quantum computers hacking Bitcoin, as the industry will adapt as technology advances. Even if a hack were to occur, hackers might keep it hidden to avoid a crash in Bitcoin's value. If Satoshi Nakamoto's wallet were to be stolen, the network could hard fork to a state before the hack. Ultimately, Bitcoin's value relies on people's consensus, and quantum computers cannot crack that consensus. This means that even if quantum computers could crack Bitcoin's encryption algorithms, they could not change people's trust and value judgment of Bitcoin, so Bitcoin's value would not collapse as a result.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Quantum computers cannot directly crack Bitcoin, because Bitcoin's value relies on people's consensus, not the algorithm itself.
Even if a quantum computer attack is successful, hackers may be able to hide the attack, preventing Bitcoin's value from collapsing.
Even if Satoshi Nakamoto's wallet is stolen, the Bitcoin network can be restored to its pre-attack state through a hard fork.
As technology advances, the blockchain industry will adapt to the threat of quantum computers.