Could Advanced Quantum Processing Pose A Danger To Bitcoin Security?
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Could Advanced Quantum Processing Pose A Danger To Bitcoin Security?

Rapid progress in quantum computing is predicted by some to have crucial ramifications in domains using public-key cryptography, such as the Bitcoin ecosystem.Bitcoin’s “asymmetric cryptography” is based on the principle of “one-way function,” implying that a public key can be easily derived from its corresponding private key but not vice versa. This is because classical…