#Quantum computers cannot crack Bitcoin.#
Hot Topic Overview
Overview
The debate on whether quantum computers can crack Bitcoin is ongoing. While the powerful computational capabilities of quantum computers could indeed pose a threat to existing cryptographic algorithms, experts believe that the Bitcoin network can adapt to this challenge through technological advancements and consensus mechanisms. Even if a quantum computer successfully cracks Bitcoin, hackers might choose to conceal their attacks to avoid a drastic drop in Bitcoin's value. Additionally, if Satoshi Nakamoto's wallet is stolen, the network can undergo a hard fork, restoring it to its pre-attack state. Ultimately, Bitcoin's value depends on people's consensus, which quantum computers cannot alter.
Ace Hot Topic Analysis
Analysis
The debate about whether quantum computers can crack Bitcoin continues, but the general consensus is that while powerful, quantum computers cannot directly crack Bitcoin. Ki Young Ju, founder and CEO of CryptoQuant, stated on social media that there is no need to be overly concerned about the threat of quantum computers to Bitcoin. He believes that even if quantum computers could crack Bitcoin, hackers would choose to hide their attacks to avoid a crash in Bitcoin's value. Additionally, if Satoshi Nakamoto's wallet were stolen, the Bitcoin network could be restored to its pre-attack state through a hard fork. Ultimately, Bitcoin's value depends on people's consensus, and quantum computers cannot change that consensus. Therefore, even as quantum computing technology continues to develop, Bitcoin can still maintain its security.
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 could hide their attacks to avoid a crash in Bitcoin's value.
If Satoshi Nakamoto's wallet were stolen, the Bitcoin network could recover to a state before the hack through a hard fork.
As technology advances, the Bitcoin industry will adapt to the challenges posed by quantum computers.