Jameson Loop, CASA chief security officer, believes that bitcoin should be burned at risk from quantum computing rather than its recovery. he Argue This allowing healing would violate the basic principles of bitcoin of inability to eradicate and decentralize.
LOPP warns that quantitative recovery will turn wealth into those who suffer from advanced quantum technology, which mainly changes bitcoin justice. If early bitcoin holders lack the protection of the quantity, their currencies can be taken by entities that control quantum computers. Loop stated.
Allowing the quantitative recovery of Bitcoin is tantamount to redistribution of wealth. What we will allow is Bitcoin from those who are unaware of quantum computers for those who won the technological race to acquire quantum computers
Is quantum computing a real threat?
Fears were intensified about the effect of quantum computing on Bitcoin last year when researchers at the University of Shanghai claimed that they broke the encryption used in banking and military applications using a quantum computer.
The claim was widely distributed before YouTuber Mental external Challenge the results, noting that the quantum computer concerned only achieved a small 22-bit-for-coding key or the highest user in bitcoin.
Likewise, the quantum chip of Willow from Google has topped the quantum computer errors, which increases the speculation that bitcoin may be in the opposite of the expected. However, most encrypted people argue that the current quantum technology is not anywhere near the level required to break Bitcoin.
According to a study conducted in 2022, the quantum computer will need at least 13 million quarter to break the Bitcoin key within one day, while the current systems have only reached a few hundred edges at best.
About 75 % of Bitcoin Governor is already protected from quantum threats, but the old portfolios are still in danger. Industry leaders, including Vitalik Buterin, have already established the case.
The developers actively act on quantitative coding, with new proposals to improve BITCOIN (BIPS) designed to enhance security. LOPP and other experts emphasize the need for proactive measures instead of waiting for quantum computing an immediate threat.
