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Bitcoin's Quantum Threat Is Real. The Migration Clock Is Ticking
Published Source: BeInCryptoRead original
Crypto Insight Summary: The industry keeps asking when a quantum computer will be powerful enough to crack Bitcoin. Elliptic-curve cryptography has been known to be quantum-vulnerable for more than thirty years, and crypto still has no mechanism to make everyone move off it. Fortune put the exposure at $2 trillion in digital assets secured by elliptic-curve cryptography, against Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Quantum threat undermines Bitcoin's security model, causing potential loss of confidence and market panic.