Challenges posed by quantum computing!
With Trump elected as president, his promise is expected: to establish a strategic reserve of Bitcoin held by the US government! But just as we cheer, advances in quantum computing technology have cast a shadow on the future of Bitcoin. The Wall Street Journal reported that with the development of quantum computing, hackers may find ways to crack Bitcoin encryption technology. This is not a scenario we want to see!
Although experts believe that quantum devices capable of breaking Bitcoin may be a decade away, such long-term risks always hang over our heads. If you want to upgrade Bitcoin's encryption technology, you need broad consensus from maintainers of the global "coin circle". This is not an easy task!
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