If you are interested in crypto currency and want to invest in crypto then you must know that there are some risks you should be careful about.
One of them is Quantum computers....
QUANTUM COMPUTING:
In simple words Quantum computing uses specialized technology—including computer hardware and algorithms that take advantage of quantum mechanics—to solve complex problems that classical computers or supercomputers can’t solve, or can’t solve quickly enough.
As quantum computing technology continues to advance, the cryptographic algorithms used in cryptocurrencies may become obsolete. Quantum computers can easily factor large numbers that are considered practically impossible for classical computers, posing a significant risk to the security of cryptocurrency networks.
Much of today's modern cryptography is based on mathematical algorithms used to encrypt data. With quantum computers, attacks on encryption methods that would normally take years could be theoretically done in days with quantum computers. Asymmetric and symmetric encryption types could both be at risk.
If someone has access to the quantum computer he can easily gain access to your wallet all he has to do is find out your wallet adress which is publically available at crypto currency exchanges like #BINANCE etc And then he can crack your password easily in minutes.
HOW TO BE SAFE:
There is only one way to be safe and that is to keep your wallet adress safe which is simply not possible beacuse of their availability on exchanges and blockchains.
NOTE:
I know most of you would think I am bluffing but know that there were hundreds of thing that we thought are impossible a decade ago, but now we can see them with our own eyes quantum computers are one of them i hope you understand what i mean.
I dont know what future has for us but i am sure this is going to be a world wide issue before 2030 BECAUSE of the popularity of #quantumcomputing You can do your own research on this topic then you will know how serious this threat is for crypto currency holders.
