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Could Quantum Computing Compromise Bitcoin? Research Says 300+ Days of Downtime Needed for Adequate Defense

  • Quantum computing advancements pose critical risks to Bitcoin’s encryption, with potential disruptions to cybersecurity systems worldwide.
  • Updating Bitcoin’s protocols for quantum safety could require up to 305 days, risking severe financial and operational consequences for the network.
  • Quantum computing’s ability to exploit encryption vulnerabilities heightens risks for Bitcoin and other digital platforms.
  • Implementing quantum-safe cryptography in decentralized systems like Bitcoin remains challenging, but strategies like de-throttling transaction speeds could help ease the update process.

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