#Quantum computers cannot crack Bitcoin.#
Hot Topic Overview
Overview
The debate on whether quantum computers can crack Bitcoin is still ongoing. While some experts believe that the powerful computing capabilities of quantum computers could pose a threat to Bitcoin, others hold the opposite view. Ki Young Ju, founder and CEO of CryptoQuant, believes that there is no need to be overly concerned about quantum computer attacks on Bitcoin, as the industry will adapt as technology evolves. Even if hacked, hackers may hide their attacks to avoid a Bitcoin value crash. Additionally, if Satoshi Nakamoto's wallet is stolen, the network could hard fork to a state before the hack. Ultimately, the value of Bitcoin depends on people's consensus, and quantum computers cannot crack this consensus.
Ace Hot Topic Analysis
Analysis
The threat of quantum computers to Bitcoin is not insurmountable. While quantum computers could theoretically break Bitcoin's encryption algorithms, the reality is not so simple. First, existing quantum computers are far from reaching the computational power needed to crack Bitcoin. Second, even if quantum computers could crack Bitcoin, hackers might hide their attacks to avoid a crash in Bitcoin's value. This is because Bitcoin's value relies on consensus, and if a hack caused Bitcoin's value to collapse, people's trust in Bitcoin would decline, ultimately leading to its failure. Furthermore, if Satoshi Nakamoto's wallet were stolen, the network could hard fork to a state before the hack, restoring Bitcoin's security. Therefore, there is no need to be overly concerned about the threat of quantum computers to Bitcoin, as 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 the cryptographic algorithm itself.
Even if quantum computers could crack Bitcoin's encryption algorithm, hackers might choose to hide their attack behavior to avoid Bitcoin's value plummeting.
If Satoshi Nakamoto's wallet is stolen, the Bitcoin network can perform a hard fork to restore to the state before the hack.
As technology advances, the Bitcoin industry will adapt to the challenges posed by quantum computers.