Time Running Out for Bitcoin to Mitigate Quantum Threat, 6.9 Million BTC at Risk
Not all aspects of bitcoin are vulnerable to quantum computers. The process of adding new blocks to the blockchain, known as mining, relies on a type of mathematics called hashing, which quantum computers are unable to break. The blockchain itself and the rule that new bitcoins can only be created through mining would remain intact in the event of a quantum attack, with blocks continuing to be pr…