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Why Quantum Computing Isnt a Serious Risk for Bitcoin Yet: CoinShares

by Decrypt
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Why Quantum Computing Isn’t a Serious Risk for Bitcoin Yet: CoinShares

In brief

  • CoinShares said quantum computing poses a theoretical risk to Bitcoin, but not an imminent one.
  • Researchers estimate millions of qubits would be needed, far beyond today’s quantum machines.
  • The firm also said any future response should favor gradual upgrades over aggressive protocol changes.

Quantum computing may not be as much of an immediate threat to Bitcoin as some have warned, and any real risk might still be years away.

That’s according to a new research note from digital asset…

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