BlackRock Raises Quantum Alarm for Bitcoin BlackRock has raised concerns over a potential risk to Bitcoin’s long-term safety — quantum computing. In its latest ETF filing, BlackRock mentioned that advances in quantum tech could one day break Bitcoin’s encryption. This is the kind of encryption that keeps Bitcoin wallets safe and transactions secure. Here’s what … Read more
As the emerging quantum computing era looms on the horizon, developers and investors alike are grappling with the implications it poses for digital security, particularly for foundational cryptocurrencies like Bitcoin (BTC). While Bitcoin’s SHA-256 hash algorithm remains resilient for now, the potential vulnerability to quantum attacks has reignited deep conversations within the developer community. In … Read more
What’s Quantum Computing? Quantum computing is a high-tech field that uses quantum bits, or qubits, instead of the usual bits in computers. Regular computers handle tasks one by one, but quantum computers can do lots of things at the same time. That makes them really good at solving hard problems that would take normal computers … Read more
Microsoft’s Breakthrough in Quantum Computing On February 19, Microsoft introduced Majorana 1, its latest quantum computing (QC) chip. The move puts Microsoft alongside other tech giants like Google, which launched its quantum chip, Willow, in December. A day later, River posted on X that quantum computing capable of breaking Bitcoin’s security is still many years … Read more