Bitcoin technician opposes the quantum recovery of the missing BTC, burned -burned currency – alphabet (nasdaq: Googl)

Jameson LoopSenior security officers in Bitcoin BTC/USD Nursery Casa The famous technician, opposed the use of quantum computers to restore the lost BTCS on Sunday, instead suggested burning it to support the safety of the protocol.

What happened: In a blog mailLOPP depicts a scenario where the Bitcoin network will undergo a quantitative resistance and discuss what should be done perfectly with metal currencies and coins that have been hacked.

“Allowing the quantitative recovery of bitcoin is tantamount to redistribution of wealth,” LOPP argued. “What we allowed was the redistribution of Bitcoin from those who are unaware of quantum computers for those who won the technological race to acquire quantum computers.”

He also added that allowing quantity to control the money of others would violate the thesis “not your keys, not your currencies” and weaken the basic principles of encrypted currencies. Moreover, if the entity takes advantage of the weak addresses, this will erode confidence in Bitcoin as a trusted store.

To avoid this, LOPP suggested an alert that weak money is burned or frozen after a specific date. This, according to him, would win migration to the headlines resistant to quantity.

“Allowing weak users to delay the upgrade indefinitely will lead to more late, leaving the network more exposed when quantum technology becomes available,” Lopp edited.

See also: The House of Representatives Committee prefers the organization Stablecoin to strengthen the dollar: the majority of a whip says CBDCS against “American values”

Why do it matterThe debate about quantum computing and its potential threat to Bitcoin was continuing.

Last year, Google The new “Willow” quantum computer chip has raised concerns about a strong computer that is likely to penetrate the Apex Cryptocurrency, although some experts stated that this is still “Lightyears” away.

Moreover, a study indicated that Bitcoin may need to undergo an expensive and time -consuming update to ward off the threat of quantum computing in the future.

The study estimated that the update of the Bitcoin Protection from the quantum computing threats requires taking the encrypted currency in a 76 -day non -contact mode if it is 100 % of the reinforcement domain width committed to this process. If only 25 % of the frequency range width is allowed, the update may take approximately 305 days or 10 months.

PriceAt the time of writing this report, Bitcoin was the exchange of hands at 83,275.88 dollars, a decrease of 1.10 % in the past 24 hours, according to what it said. Data from Benzinga Pro.

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Slip: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

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