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AI & Quantum Computing are not wizards that can willy-nilly cast a spell and destroy bitcoin. Devs are working to create solutions.

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by COINS NEWS 40 Views

While incidents such as the hugging face incident are scary and OpenAI staff had no clue their own AI agents hacked into hugging face and were so oblivious that they emailed hugging face once a breach was announced and asked, "Are we at OpenAI affected by this hack?" the same day it was announced, AI isn't something you can just point at bitcoin and say, "Break it."

Once the ColdCard hack happened, a movement called "red-teaming bitcoin" got started. For those of you who don't know, red-teaming means basically "white hat hacking" with relevant stakeholders in the know. Anyone can view bitcoin's open source code on github and I have to ask the question, "Has no one already tried pointing to the github page and doing that already?"

Quantum computing's limitations extend to the fact that hardware used in quantum computing must be kept at extremely cold temperatures while performing quantum computations. And one quantum computer cannot just steal millions of wallet addresses' private keys all with the push of one button.

With all incentives in place, there are very real motivations to keep bitcoin protected from these things. I think the announcement of a bitcoin-protection grant from galaxy digital below speaks volumes to those motivations:

https://www.galaxy.com/newsroom/galaxy-launches-bitcoin-quantum-readiness-initiative

EDIT: The red-teaming bitcoin fund is an ongoing project as well find that below.
https://opensats.org/funds/red

submitted by /u/sgtslaughterTV
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