Bitcoin's Quantum Conundrum: A Race Against Time to Protect 6.9 Million Coins
While not all aspects of bitcoin are vulnerable to quantum attacks, a significant portion of the network is at risk. Bitcoin mining, which uses hash functions, is resistant to quantum attacks. However, the ownership of coins is a different story. The math that protects bitcoin wallets, known as elliptic curve cryptography, can be broken by quantum computers using Shor's algorithm. This has signif…