Will the price of Bitcoin drop to zero😔😔 if it happens
Quantum Breakthrough?😲😲
$BTC There is no conclusive consensus that the price of Bitcoin will drop to zero in the event of a quantum breach😇😇, but it is certain that it would pose a very significant challenge and fundamentally threaten its security and value😲😲. Here’s a breakdown of that:
🛑The quantum threat to Bitcoin:😎😎
♦️Public key encryption (ECDSA): Bitcoin primarily relies on the Elliptic Curve Digital Signature Algorithm (ECDSA) to secure transactions. This algorithm is the most vulnerable to attack by powerful quantum computers using Shor's algorithm. If a quantum computer manages to break ECDSA, it would be able to deduce the wallet's private key from its public key, allowing control and theft of the coins🥷🥷🥷.
