Nine Blockchain Groups Unite as Quantum Threat Hangs Over Bitcoin
A new coalition of nine blockchain organizations is tackling a problem that could eventually put roughly 6.4 million bitcoin at risk, including an estimated 1.1 million BTC associated with Satoshi Nakamoto. Launched this week, the Quantum Alliance wants to establish common security standards before powerful quantum computers can crack the digital signatures protecting cryptocurrency wallets. […]
Story summary
A new coalition of nine blockchain organizations is tackling a problem that could eventually put roughly 6.4 million bitcoin at risk, including an estimated 1.1 million BTC associated with Satoshi Nakamoto. Launched this week, the Quantum Alliance wants to establish common security standards before powerful quantum computers can crack the digital signatures protecting cryptocurrency wallets. […]
Follow the latest stories from trusted publishers with concise summaries. Open the original source link for details.