Google Vet Says Quantum Computers Can't Hack Your Bitcoin
Main Idea
Google veteran Graham Cooke asserts that Bitcoin is currently secure against quantum computing threats, emphasizing the strength of its cryptographic security.
Key Points
1. Graham Cooke, CEO of Brava Labs, states that Bitcoin's cryptographic security is robust enough to resist quantum computing attacks.
2. Cooke explains that cracking a 24-word seed phrase would require an impractical amount of time, far exceeding the age of the universe.
3. The cryptocurrency community had concerns following advancements in quantum computing, such as Microsoft's Majorana 1, but Cooke reassures that Bitcoin's security remains intact.
4. Cooke uses a hypothetical scenario to illustrate the computational infeasibility of breaking Bitcoin's security with current or near-future quantum technology.
Description
Bitcoin holders should not fret about any looming quantum threat, an expert claims
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