According to Tether CEO, Paulo ErdinoQuantum computers can change the fate of Bitcoins closed in inactive portfolios.
It already warns that although the danger is not imminent, investors must adopt strategies to protect their money. In this article, we see all the details.
Tether CEO: Bitcoin’s unbeatable portfolio can be hacked by quantum computers
The quantum computing has been set to convert the cryptocurrency scene, which brings new challenges and opportunities.
According to Paolo Ardoino, CEO of Tether, this technology can one day be allowed to reach the lost Bitcoin portfolios, Back to trading A large amount of digital currencies.
Consequently, this perspective raises important questions for network security and market future. Erdino shared his vision in a modern post on X.
Specifically high Satoshi Nakamoto (If it is not alive), it can be recovered thanks to the quantum computing power.
However, it has been determined that this threat is still far, as a current technology Unable The encryption that protects bitcoin.
As we know, quantum computing takes advantage of the principles of quantum mechanics to process information quickly that cannot be imagined for traditional computers.
Thanks to the ability to Explore multiple solutions simultaneously, Theoretically can penetrate security mechanisms that protect the special keys of Bitcoin Governor.
Experts agree that the lost portfolios are the most at risk, as they cannot be updated with more advanced protection.
On the contrary, active users will have the opportunity to deport their money into safer addresses, and to resist quantitative attacks.
In any case, this discrimination leads to an inevitable conclusion: it can be exposed to sleeping bitcoins sooner or later to The risk of violation.
As a result, the Criptovalute community will have to face the dilemma of how to deal with a possible sudden flow of these currencies in the market.
The potential effect of bitcoin value
The idea of returning to the trading of the missing bitcoin was born mixed reactions between experts and investors.
Recovery Encryption He has warned that if the Satoshi Nakamoto money is opened, the market may be subjected to a fundamental change, which may return the bitcoin value to much lower levels.
Some argue that Bitcoin can absorb this event without exchanging the stability of antiquities, while others are afraid that a large amount of coins is available again can cause a Price collapse.
However, the real effect depends on several factors, including the time needed for quantum computing to reach the ability to decipher the markets and the market’s reaction to this development.
Chamath Palihapitiya, The well -known investor and Bitcoin said that although the quantitative threat is not immediate, those who hold large amounts of BTC should start taking precautions.
One of the most discussed solutions is to develop New security algorithms Resistant to quantum attacks. In the future, bitcoin holders will be able to transfer their money to a portfolio with advanced encryption, thus preventing the risk of attacks.
Meanwhile, the academic scientist and companies in this sector are working to understand and confront the effect of quantum computing on the security of encrypted currencies.
According to the 2023 report issued by Quantum Grad, it would be necessary millions of Qubits to break the private Bitcoin key, a teacher who is still out of current technology.
It remains to see whether Bitcoin will be able to adapt or if this threat will change its fate forever.
