!!️ Quantum computers could crack $BTC encryption, putting the entire network at risk.
Quantum computing poses a serious threat to $BTC because it allows hackers to crack the encryption that protects digital wallets. Google’s recent announcement of a breakthrough in the development of its new quantum chip, Willow, shows how quickly this technology is developing.
Although experts believe that it will take about a decade to create a quantum computer capable of cracking $BTC , the threat already demands attention. Experts warn that such a hack could lead to multi-trillion dollar losses in the cryptocurrency market and the financial system as a whole.
Quantum technology could allow hackers to attack coins during a transaction while the network is confirming transfers. This would put the entire Bitcoin network at risk, not just individual exchanges, as is the case now.