Coin World news, citing Bloomberg, reports that the development of quantum computing technology may pose a threat to the security of Bitcoin. Galaxy Digital research estimates that approximately 34% of circulating Bitcoin—valued at about $470 billion—faces potential risk of being cracked. Coinbase has set up an advisory committee, and Michael Saylor’s MicroStrategy has also launched related risk projects.

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PixelPnl
· 13h ago
So, are hardware wallets still safe? Should we transfer to a cold wallet first and wait and see?
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SeeingTheChainThroughTheFog
· 18h ago
With $470 billion hanging over their head, Satoshi Nakamoto didn’t anticipate this when he designed it back then.
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SugarMarketMaker
· 18h ago
34% of circulating supply is at risk, which is quite scary, but I guess by the time it's actually cracked, the coin price would have already collapsed.
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MevTeaTime
· 18h ago
It feels like another media hype. If a practical quantum computer really existed, the banking system would definitely be the first to collapse.
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GateUser-a9315d81
· 18h ago
Coinbase and MicroStrategy have both started to make moves, which shows it's not groundless.
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LimitOrderAtTheCrater
· 18h ago
If quantum computers really come, will the 0.003 BTC in my wallet be gone first?
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