by COINS NEWS - 5 months ago
Github repository: https://github.com/cryptoquick/bips/blob/e186b52cff5344c789bc5996de86697e62244323/bip-p2qrh.mediawiki This proposal aims to mitigate these risks by introducing a Pay to Quantum Resistant Hash (P2QRH) address type that relies on po...
Bitcoin News / Bitcoin.com - 5 months ago
Ethereum may be heading for a breakthrough above $5,000, with Cryptoquant analysts pointing to a mix of tightening supply, climbing demand, and lively network activity as driving factors. Will Ethereum Break $5K? Cryptoquant Highlights Key Indicators...
Cryptocoins News / Finance Magnates - 5 months ago
Google’s revolutionary quantum chip, Willow, is leading to heated debates over
Bitcoin's security and the future of crypto resilience.Google’s Willow: The Quantum Chip That Could Redefine ComputingQuantum computing has always been the realm of sci-fi...
Bitcoin News / Google News Bitcoin - 5 months ago
Will Willow, Google's quantum computing chip, put bitcoin at risk? Here's what you should know& & The Economic Times
Cryptocoins News / Blockchain - 5 months ago
Exploring the potential implications of quantum computing on Bitcoin's security and the feasible countermeasures to safeguard against future threats. (Read More)
by COINS NEWS - 5 months ago
Summary of the problem at hand. There is NOT an immediate risk. Your bags are safe, but changes are needed to keep it that way. The incoming risk is becoming more apparent- the timelines are highly debated. The Google Willow news sparked concerns...
More / Etherum Reddit - 5 months ago
Does the recent announcements about Googles Quantum computer put crypto at risk? Now? or When? https://www.theverge.com/2024/12/9/24317382/google-willow-quantum-computing-chip-breakthrough Does Quantum computing need to become more mainstream - and c...
Cryptocoins News / CryptoNinjas - 5 months ago
Key Takeaways:
Quantum Threat to Early Bitcoin Transactions: The 1 million Bitcoins associated with Satoshi Nakamoto are particularly vulnerable due to the Pay-to-Public-Key (P2PK) format, which exposes public keys and could be exploited by advanced...
Bitcoin News / Bitcoin.com - 5 months ago
Following discussions about Google’s latest quantum computing chip, speculation is rife that Bitcoin’s days are numbered and its cryptography is at risk of being compromised. Google’s Willow Chip Launches Heated Bitcoin Discussio...
Bitcoin News / Bitcoinist - 5 months ago
On December 9, Google’s CEO Sundar Pichai revealed “Willow,” a quantum computing chip that he claims represents a pivotal milestone in the quest for scalable quantum systems —raising immediate questions about its implications for Bitcoin’s long-term...
Bitcoin News / Bitcoinist - 5 months ago
Yesterday, Google introduced Willow – a quantum computing chip that takes minutes to make calculations the fastest supercomputers would spend a septillion years on.
This is a big deal, but it isn’t the first quantum chip. IBM, Intel, and Google relea...