Quantum technology is a threat to Bitcoin as it may compromise your wallet’s private keys. This could potentially risk all the Bitcoin you have in that wallet. Many believe quantum computers may break the Bitcoin network and pose a serious risk to its survival. Bitcoin developers are upgrading the system to tackle future risks, though the real threat is still years away. They focus on dormant Bitcoin wallets, as they are more at risk from quantum attacks.Bitcoin wallets are secured by ECDSA to generate a pair of private-public keys. If the ECDSA algorithm is compromised, then your Bitcoins are at risk. Experts think practical quantum attacks might happen in five to 20 years and see 2030-2048 as possible dates. Do you think that Quantum computing is a threat ?
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