How Should Bitcoiners View Quantum Computing?
In the early 2020s, quantum computing hit the public spotlight as a potential threat to Bitcoin. Relying on SHA-256 cryptographic hash function for its proof-of-work network consensus, Bitcoin’s va...
Source: Bitcoin Magazine
In the early 2020s, quantum computing hit the public spotlight as a potential threat to Bitcoin. Relying on SHA-256 cryptographic hash function for its proof-of-work network consensus, Bitcoin’s value is predicated on computational power. If there is a technology that can circumvent the traditional binary system of 0s and 1s for units of information, there […]