Elon Musk expresses his concerns about the future security of Bitcoin (BTC) amidst the developments in quantum computing technology.
Through his AI chatbot, Grok, Musk highlights the potential risks of Bitcoin's cryptography that may no longer be secure by the end of this decade.
This statement was made by Musk amid rising global discussions about the threat of quantum computing to digital security systems, including blockchain and crypto assets.
“Bitcoin will remain resilient against quantum computer threats until the end of this decade,” said Grok as quoted from Coin-Turk, Monday (4/8).
Quantum computing technology is considered capable of solving complex mathematical calculations in a short time.
This raises concerns that cryptographic algorithms such as ECDSA and SHA-256, which form the foundation of Bitcoin's security, could be breached in the future.
Experts: Bitcoin Still Safe, But Must Be Cautious
Quantum Still Limited, But Real Risks
📖Conclusion
Elon Musk expresses his concerns about the future security of Bitcoin (BTC) amidst the developments in quantum computing technology.
Through his AI chatbot, Grok, Musk highlights the potential risks of Bitcoin's cryptography that may no longer be secure by the end of this decade.
This statement was made by Musk amid rising global discussions about the threat of quantum computing to digital security systems, including blockchain and crypto assets.
“Bitcoin will remain resilient against quantum computer threats until the end of this decade,” said Grok as quoted from Coin-Turk, Monday (4/8).
Quantum computing technology is considered capable of solving complex mathematical calculations in a short time.