Bitcoin Faces Looming Quantum Threat: Can It Act in Time to Protect 6.9 Million Coins?
The bitcoin network is under pressure to address the looming threat of quantum computers, which could potentially drain 6.9 million BTC, including those held by the cryptocurrency's pseudonymous creator, Satoshi Nakamoto. Not all aspects of bitcoin are vulnerable to quantum attacks, as the hashing process used in mining is resistant to quantum computing. However, the ownership of bitcoins, protec…