Time's Running Out for Bitcoin to Counter Quantum Threat
While not all aspects of bitcoin are vulnerable to quantum computers, the ownership of coins is at risk. Bitcoin mining, which utilizes a type of math known as hashing, is not susceptible to quantum attacks. However, the math that protects bitcoin wallets, turning a private key into a public address, can be compromised by a quantum computer. A quantum algorithm known as Shor's can reverse this pr…