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quantum computing – Way forward for Bitcoin encryption and safety in a QC period

Cryptoadmin by Cryptoadmin
January 8, 2025
in Crypto News
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How will the development of quantum computing impression the safety of Bitcoin, and what steps are essential to guard the community from this rising risk?
What function might lattice-based encryption play in safeguarding Bitcoin, and which of the present algorithms are finest suited to this objective?

How would the implementation of such encryption know-how be built-in into the present Bitcoin infrastructure, and what challenges would possibly come up throughout this course of?

What occurs to current addresses that depend on elliptic curve cryptography?
Is there a method to seamlessly transition previous addresses to the brand new system, or would customers have to actively switch their funds to new, safer addresses?

How might such a transition be designed to make sure person safety whereas sustaining belief within the community?

Tags: BitcoinComputingencryptioneraFuturequantumsecurity
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