The firm’s senior financial strategist is concerned the advancements in the field of quantum computing will break Bitcoin.

  • technocrit@lemmy.dbzer0.com
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    1
    ·
    3 days ago

    It was only 13,000x faster, and in one specific task

    Useless, contrived task.

    at the moment, SHA256, the hashing algorithm underpinning Bitcoin, is considered to be quantum-resistant… so it should never become easier to break Bitcoin etc. with a quantum computer than a classical one.

    It’s absolutely wild how grifters will hype articles like this without scientific basis.