Bitcoin’s Encryption Not Flawless?

Apparently quantum scientists have predicted that by 2027 there will be a quantum attack method that can hack any Bitcoin blockchain. I am not a quantum hacker myself so I can’t say if it’s possible or not, but I have read several articles on quantum computing. Whenever there is a new form of computing or some technological upgrade, you will have people attempting to hack / break this tech. Obviously Bitcoin chains are the freaking honeypot of a hacker’s wet dream. It’s not regulated, it’s a tough challenge, and you can read more below

Key protocols securing technology under-girding bitcoin are “susceptible to attack by the development of a sufficiently large quantum

computer,” researchers mostly from Singapore claim in a recently-released paper, Quantum attacks on Bitcoin, and how to protect against them (Quantum), made available through the Cornell University Library. Also read: Is Bitcoin at Risk as Google and […] The post Bitcoin’s Encryption Could be Broken by 2027, Claim Singapore Quantum Experts appeared first on Bitcoin News. Bitcoin’s Encryption Could 

be Broken by 2027, Claim Singapore Quantum Experts


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Financial Technological Networker , developing Crypto Currency Mining enthusiast , here in an African Continent !! A participant in various FinTech Platforms Local and Globally !!

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