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BitcoinBeInCrypto

Bitcoin's Quantum Threat Is Real. The Migration Clock Is Ticking

By Christopher Smith

The industry keeps asking when a quantum computer will be powerful enough to crack Bitcoin. Elliptic-curve cryptography has been known to be quantum-vulnerable for more than thirty years, and crypto still has no mechanism to make everyone move off it. Fortune put the exposure at $2 trillion in digital assets secured…

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Quantum computing

Computing that uses the principles of quantum physics to solve certain problems far faster than ordinary computers.

It could transform areas like chemistry and cryptography, though practical machines are still developing.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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