Does quantum computing need to overthrow Bitcoin?
Quantum computing, breaking Bitcoin in 0.1 seconds, financial security collapse?
BTC will soon be worthless!
Existing research in technology, cryptography, and logic has led to some consensus among current BTC cryptographic engineers!
Creating quantum fork attacks, practical scenario attacks have been researched and contemplated by both engineers and platforms! The essential logic:
The main impact of quantum computing on cryptography focuses on two major algorithms: Shor's algorithm can efficiently break RSA and elliptic curve encryption, challenging traditional cryptographic systems; Grover's algorithm provides square root-level acceleration for search problems. However, the cryptography industry already has quantum-resistant alternatives, albeit currently 5-10 times less efficient, but ready for transition. It is worth noting that quantum computers themselves require a large amount of error correction resources (about 1000 physical qubits support 1 logical qubit), and the actual costs may offset some of the acceleration advantages, meaning traditional proof-of-work mechanisms still have the potential to maintain stability.
At the same time, Google's quantum echo algorithm shows that the results simulated with ultra-short duration come at a great cost with minimal returns!
What we need are usable results, not just speed! Therefore, how quantum computing hegemony will affect Bitcoin in the future remains to be considered, and we shouldn't think too far ahead! Bitcoin's guardian engineers will also have corresponding measures to ensure network security!
