Friends in the crypto world, imagine one day you find out your Bitcoin wallet is no longer safe—quantum computers can actually break Bitcoin's encryption and directly 'wipe' BTC from your wallet! This is no longer a plot from a science fiction novel, but a warning from scientists in reality.
🤔 Do quantum computers really pose a threat to Bitcoin?
According to the latest predictions from Pierre-Luc Dallaire-Demers, a physicist at the University of Calgary, commercial quantum computers will be able to crack the encryption of Bitcoin wallets in five years and directly steal your Bitcoin! He also pointed out that the first step in quantum computers breaking Bitcoin encryption is easily cracking the wallet keys, which is the most vulnerable part of Bitcoin's protection system.
Even more shocking is that a research team from the University of Kent in the UK states that to effectively guard against the threats posed by quantum computing, Bitcoin must undergo a large-scale protocol update, which requires a complete network shutdown for 76 days! If you want the Bitcoin system to safely and efficiently adapt to the quantum era, you'll have to endure a long downtime. If you choose to update at a slower pace, the downtime could last up to 305 days—imagine BTC being down for 305 days while the entire crypto market shifts; who can bear that?
🔍 Will the BTC price fluctuate because of this?
If this news is true, the price of Bitcoin is likely to be significantly affected! 76 days of downtime, 305 days of slow updates, either option could trigger market panic and even lead to drastic price fluctuations. Moreover, the rapid advancement of quantum computers intensifies these concerns, as Google's newly released quantum computing chip has already improved by 56% over previous chips, meaning hackers may soon leverage these technologies to directly breach Bitcoin's defenses.
💡 So, as investors, what should we do?
Are you prepared to face the threats of quantum computing? How can you protect your Bitcoin assets from threats? In addition to staying vigilant and keeping up with the latest market developments, Mlion.ai (for experience, visit: mlion.ai), as an AI research assistant in the Web3 field, can help you stay informed about the impact of quantum computing on the crypto market and the future trends of Bitcoin and other digital assets. Mlion's in-depth analysis and real-time data keep you ahead in a changing market.
💎 Safe and reliable cross-chain exchange, how to respond to market fluctuations?
If you want to respond more flexibly to market fluctuations against the backdrop of quantum threats, ML SWAP is a cross-chain exchange platform worth your attention. It not only supports Bitcoin cross-chain transactions but also ensures efficiency and security, helping you avoid the risks of market uncertainty.
📉 The future is full of uncertainties, but we can do better.
Will Bitcoin really stop for 76 days due to quantum computing? What is the true cost of the downtime? All of this remains unresolved. But as an investor, understanding and responding to these potential risks is the wise choice. By getting real-time market analysis from Mlion.ai and using ML SWAP for secure asset conversion, you can secure your position in the ever-changing crypto world.
For more news, quick analysis, real-time price analysis and predictions, please visit: 🤖👉mlion.ai
The above content is for information sharing only and does not constitute any investment advice! Investment carries risks; enter the market with caution!
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