Latest News! At 11:20, Bitcoin has once again broken the $100,000 barrier. This roller coaster ride is really thrilling! Bitcoin withstands the pressure of quantum computing and continues to rise. Although quantum computing is very powerful, Bitcoin addresses are composed not only of ECDSA but also include the hashing algorithm SHA-256. Even if one day quantum computers can have millions of physical quantum bits to break the hashing algorithm, they can only use brute force (testing one by one), but this process is extremely time-consuming. To use an inappropriate analogy, everyone knows that water can penetrate stone; the only difference is that instead of one drop at a time, it has become two drops at a time. The difficulty has decreased from 2^256 to 2^128.
Therefore, given the current state of quantum computers, there is no need to worry about Bitcoin being compromised. All those spreading rumors have ulterior motives; either they are creating panic to cause a short-term market disturbance or they are promoting some worthless coins as scams. Of course, investing carries risks, and one should make rational decisions based on their own risk tolerance.
The Musk concept meme project #Marvin is named after Musk's beloved dog Marvin, who has been by his side for ten years. Musk and his mother have liked tweets about it more than 70 times. It is also the only dog around Musk that is not on Binance, so it is worth paying attention to!
