Is it time to worry about quantum computing?

Opinion: It's practically certain that current Bitcoin public and private key cryptography (based on elliptic curve cryptography, ECC) cannot be made quantum-resistant without moving the funds to a new, quantum-resistant wallet. However, a method known as 'Vaulting' could be implemented if consensus permits. Changes to the protocol could apply a script to encapsulate dormant or lost key addresses behind a quantum resistant barrier protecting them from quantum attacks but still allowing the funds to still be moved by the owner using the original private keys. There are a few other ways that the dormant addresses can be protected but they are more controversial in consensus terms. Additionally, could it be that Tether is actually eyeing the lost Bitcoin? What do you think?

making BTC holding increasingly safer is a big step we need it!

Fud 🎯

Everybody needs safe stablecoins.

Sounds quite logical. In fact I heard someone else claim that too, that one day Satoshis Bitcoin will be moved. Only thing that worries my a bit is, that this is such a mighty amount. Isn‘t that a Problem?

I learned once that everything can be hacked 🤷🏽‍♀️

🖥️💻🌏

The transition to quantum-resistant addresses seems inevitable, but the fate of lost wallets remains a big question. If Satoshi's coins ever move, the crypto world will go crazy!

Lógico

Such a prediction, if it poses a risk, would involve all cryptography based on elliptical curves, also compromising the other signatures (Schnorr / Taproot). They would affect other assets such as USDT, imagine!!.

Changing SHA-256

Tradicional banking would be broken much faster than btc

Great

👍

Of course it does my men