Coin Metrics co-founder: Quantum computing is the biggest long-term risk to Bitcoin's core cryptography
PANews, October 21—According to CoinDesk, Coin Metrics co-founder Nic Carter stated that quantum computing is the greatest long-term risk to the core cryptography of bitcoin. He explained the one-way nature of deriving public keys from private keys via the secp256k1 elliptic curve, and pointed out that exposing public keys on-chain when spending transactions increases the potential attack surface. Carter suggested avoiding address reuse in the near term to reduce public key exposure, and in the long term, advancing post-quantum signature schemes and feasible migration paths. His series of articles will subsequently discuss the scenario of a “post-quantum break”.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SpaceX (SPCX.US) Starship Successfully Reaches Orbit for the First Time! Carries 26 V3 Starlink Satellites to Begin “Profit-Making” Mission
SpaceX’s next-generation heavy-lift rocket, Starship, successfully entered Earth’s orbit for the first time on Monday morning, marking a key milestone for this costly rocket project.
IBM Integrates Swift’s Blockchain Ledger Into Banking Infrastructure
Strategy sets record 847,666 BTC after $143M buy and $152M STRC buyback
