#Quantum computers cannot crack Bitcoin.#
Hot Topic Overview
Overview
The debate on whether quantum computers can crack Bitcoin is still 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. Even if quantum computers successfully crack Bitcoin, hackers may choose to hide their attacks to avoid a crash in Bitcoin's value. Furthermore, Bitcoin's value depends on people's consensus, and even if Satoshi Nakamoto's wallet is stolen, the network can recover to its pre-attack state through a hard fork. Therefore, there is no need to be overly concerned about the threat of quantum computers to Bitcoin.
Ace Hot Topic Analysis
Analysis
The threat of quantum computers to Bitcoin is currently considered manageable. Ki Young Ju, founder and CEO of CryptoQuant, stated on social media platform X that there is no need to be overly concerned about quantum computers hacking Bitcoin, as the industry will adapt as technology evolves. Even if a hack were to occur, hackers might choose to conceal it to avoid a drastic drop in Bitcoin's value. If Satoshi Nakamoto's wallet were to be stolen, the network could potentially hard fork to a state before the hack. Bitcoin's value relies on the consensus of its users, which quantum computers cannot crack. This means that even if quantum computers could break Bitcoin's encryption algorithms, they wouldn't be able to change people's trust and value recognition of Bitcoin, thus not fundamentally impacting its value.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Quantum computers cannot crack the value of Bitcoin because the value of Bitcoin relies on the consensus of people.
Even if a quantum computer attacks Bitcoin, hackers may hide the attack to avoid the collapse of Bitcoin's value.
If Satoshi Nakamoto's wallet is stolen, the network may hard fork to the state before the hack.
As technology advances, the industry will adapt to the threat of quantum computers.