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Bitcoin & Crypto DEVELOPING

EU financial watchdogs warn quantum computing poses imminent threat to blockchain encryption

WORLDTECH Developing: a current development WORLDTECH can ground but not yet describe in full. Details remain limited, the sources below are all WORLDTECH is relying on, and this item is expanded as further usable material arrives.

Single source: this development was reported by CoinDesk. What WORLDTECH can establish is that the report was made, and by whom. It has not been matched against a second independent organisation and has not been officially confirmed by the organisations involved.

Three Bitcoin coins in front of a financial trading graph depicting market trends and analysis.
Illustrative photo.Photo by Rafael Minguet Delgado on Pexels

What happened

The warning brings renewed urgency to the debate over how bitcoin should deal with legacy addresses whose public keys are already exposed onchain.

Sources & evidence