#Quantum computers cannot crack Bitcoin.#
Hot Topic Overview
Overview
The debate about whether quantum computers can crack Bitcoin continues. While some experts worry that the powerful computing power of quantum computers could threaten Bitcoin's security, others argue that Bitcoin's value relies on people's consensus. Even if hacked, hackers may hide their attacks to avoid a crash in Bitcoin's value. Moreover, even if Satoshi Nakamoto's wallet is stolen, the network could hard fork to a state before the hack. Therefore, the industry will adapt as technology evolves, and there is no need to be overly concerned about quantum computer attacks on Bitcoin.
Ace Hot Topic Analysis
Analysis
The threat of quantum computers to Bitcoin is not insurmountable. While quantum computers could theoretically crack Bitcoin's encryption algorithms, experts believe the Bitcoin network can adapt to this threat. Ki Young Ju, founder and CEO of CryptoQuant, points out that even if a quantum computer successfully attacks Bitcoin, hackers may choose to hide the attack to avoid a crash in Bitcoin's value. Additionally, if Satoshi Nakamoto's wallet is stolen, the network can hard fork, reverting to a state before the hack. Ultimately, Bitcoin's value depends on people's consensus, and quantum computers cannot change that consensus. Therefore, there is no need to be overly concerned about the threat of quantum computers to Bitcoin, and the industry will adapt as technology evolves.
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 on complex mathematical algorithms.
Even if quantum computers could crack Bitcoin, hackers could hide their attacks to avoid a crash in Bitcoin's value.
If Satoshi Nakamoto's wallet were stolen, the Bitcoin network could hard fork to a state before the hack to restore security.
As technology continues to evolve, the Bitcoin industry will adapt to the challenges posed by quantum computers.