MultiversX Tracker is Live!

With general use quantum computers (likely) coming in the next couple of decades, will bitcoin remain viable if quantum computing can crack sha256 encryption?

Bitcoin Reddit

More / Bitcoin Reddit 139 Views

I'm relatively new to bitcoin, roughly a couple of years. Been buying to hodl with a 10 to 15 year time horizon. But recently I've been thinking about whether or not sha256 encryption will be able to withstand quantum computing. I think it's doubtful. I am a former software engineer and used sha256 encryption in projects, but by no means would consider myself an expert in encryption. That said I'm starting to get a little concerned about the viability of bitcoin if the entire computational paradigm changes with quantum computers.

Any of you have any insight on this?

submitted by /u/Free_Idea_
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments