Bitcoin's Quantum Computing Debate Resurfaces, Market Takes Notice

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Bitcoin's quantum computing debate has returned to the spotlight, influencing market performance and drawing attention from developers and investors. According to BitJie, the recent discussion was triggered by statements from key Bitcoin developers who downplay the threat in the near term. Adam Back of Blockstream said quantum computing is still in early phases and Bitcoin’s design resists immediate theft. However, critics highlight the lack of clear preparation, as older addresses using elliptic curve cryptography could face risks from quantum attacks. Around 1.1 million BTC held since 2010 are potentially vulnerable. Despite the theoretical nature of the threat, market cap remains sensitive as stakeholders await a coordinated response. Proposals like BIP-360 suggest introducing quantum-resistant addresses, but Bitcoin’s cautious governance slows progress. Investors demand clarity as capital becomes more institutionalized.
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