Quantum Computers Will Destroy Bitcoin, Scientists Warn

What does quantum computers mean for Bitcoin

Quantum computers, first theorized by physicist Richard Feynman in 1982, have promised a new era of computing. The theory has only recently translated into significant real-world advances, with NASA, the CIA and Google working on a quantum computer. Computer scientists now warn the machines will cripple existing encryption methods and destroy bitcoin’s technological foundations.

The End Of Bitcoin?

Andersen Cheng, co-founder of Post Quantum, a U.K. cybersecurity firm, told Newsweek that bitcoin will end the day the first quantum computer arrives. He said the quantum computer will undermine the cryptography surrounding bitcoin’s public and private keys.

Source: CryptoCoinsNews
Stay updated on Quantum Computers and Bitcoins @ CryptoRigs

Related Posts

Add Comment

%d bloggers like this: