June 28, 2024, 9:41 p.m. | Eric Dequevedo

DEV Community dev.to

🔐 Bitcoin, the pioneering cryptocurrency, relies heavily on cryptographic techniques for its security and integrity. However, with the advent of quantum technologies, there are growing concerns about the potential vulnerabilities of Bitcoin's cryptographic foundations.


Understanding Quantum's Impact on Bitcoin:



  • Shor's Algorithm: One of the most discussed quantum algorithms, Shor's algorithm, can potentially factor large numbers exponentially faster than the best-known classical algorithms. This poses a threat to Bitcoin's elliptic curve cryptography, which relies on the difficulty of the factorization …

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