We still have time but one day quantum computers may make the current algorithm used by bitcoin obsolete. My hope is that when this becomes a real possibility the devs will update the crypto algorithm to something quantum resistant.
RE: Quantum Computers, A Threat To Crytocurrency?
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Quantum Computers, A Threat To Crytocurrency?
Do you really believe such upgrade is possible? I would rather go with a currency built from scratch to be such resistant.
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I think it would be difficult as it would require a consensus from all parties involved but possible. I think we would face a situation similar to the scaling debate with Segwit. In the end people would agree on a change if doing nothing means the death of bitcoin.
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That is if doing something can actually save the cryptographic based digital currency at that time.
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it is good to see qrl innovating this now. btc and eth will evolve just like every other technology will when quantum computing is common enough.
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