The Quantum Issue: Quantum Isn’t Coming For Your Bitcoin

What happened

Bitcoin Magazine The Quantum Issue: Quantum Isn’t Coming For Your Bitcoin From The Quantum Issue: Brandon Black considers all of the issues that might prevent a viable quantum computer from ever being built. Bitcoin Magazine The Quantum Issue: Quantum Isn’t Coming For Your Bitcoin For as long as Bitcoin has existed, new forms of FUD (fear, uncertainty, and doubt) have been used to predict its demise.

Despite this, Bitcoin has grown into a multi-trillion dollar asset and begun to take its place in the global monetary order. In recent months, the specter of a cryptographically relevant quantum computer (CRQC) enabling an attacker to recreate secret keys from public keys and sign Bitcoin transactions moving other people’s coins has returned as an evolved form of FUD. There is no evidence that a CRQC will be built within a decade, and it remains unknown whether such a machine will ever be built.