Advances in quantum computing are more likely to strengthen Bitcoin$BTC than destroy it, according to renowned cypherpunk and cryptographer Adam Back.$XRP $SOL
Signatures in the Bitcoin network prevent third parties from changing transactions; this is an integral part of the security mechanism.
In December, Google Quantum AI specialists presented the latest quantum chip Willow. It performed a standard benchmark calculation in less than five minutes. One of the fastest modern supercomputers, Frontier, needs 10 septillion years to do this - a number significantly exceeding the age of the Universe.
In this regard, the community once again has concerns about the potential threat of quantum computers to Bitcoin. Back sees no reason to panic.
He previously said that humanity is nowhere near 1 million qubit quantum computers, and they won't appear this decade or perhaps even the next.#2024withBinance #2024Crypto #Binancefutures