BITCOIN SECURITY CONSORTIUM: QUANTUM THREAT TO BITCOIN REMAINS LIMITED! The Bitcoin Security Consortium, a group of firms including BlackRock, Strategy, Coinbase, Fidelity…
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🚨BITCOIN SECURITY CONSORTIUM: QUANTUM THREAT TO BITCOIN REMAINS LIMITED! The Bitcoin Security Consortium, a group of firms including BlackRock, Strategy, Coinbase, Fidelity Digital Assets and others…
🚨BITCOIN SECURITY CONSORTIUM: QUANTUM THREAT TO BITCOIN REMAINS LIMITED! The Bitcoin Security Consortium, a group of firms including BlackRock, Strategy, Coinbase, Fidelity Digital Assets and others that pledged $15 million for Bitcoin security, released a report with Presidio Bitcoin on quantum risks. Recent quantum advances are real but incremental, and no machine capable of breaking Bitcoin cryptography has been demonstrated. Exposure is limited mainly to older or reused addresses. About 7.1 million bitcoin:native would be at risk if such a machine existed today, mostly from address reuse. Work is underway on mitigations.
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