@dariush080
🟠 Bitcoin & the Quantum World
⚙️ Bitcoin secures itself using Public Key Cryptography.
🖥 Classical computers can’t break these locks solving them would take millions of years but quantum computers could potentially unlock them much faster.
🟡 When you make a transaction with your wallet, the public key of that address is visible to everyone.
⚙️ A powerful quantum computer could, in theory, derive the private key from the public key and steal the bitcoins. This risk is higher for wallets that have already made transactions.
🔍 Scientists are developing Post-Quantum Cryptography, a method that even quantum computers can’t easily break.
🟡 The NIST is working on standardizing these algorithms so that everyone can use them in the future.
🪙 Bitcoin itself could be updated to adopt these new cryptographic methods, ensuring it adapts to emerging threats via a fork or software update before any major crisis occurs.
@base.base.eth
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