Recent breakthroughs in quantum computing have led market commentators to, once again, claim that Bitcoins future is under threat. Googles Willow quantum chip and its ability to significantly reduce ...

Quantum computing is not currently an existential threat to Bitcoin, but as capital becomes more institutional and long-term, even distant risks require clearer answers.

Woo responded to an X post by English YouTuber Josh Otten about the potential of a functional quantum computer using Shor’s algorithm to break the encryption protecting Bitcoin’s oldest wallets.

Project 11 is looking to gauge the urgency of the quantum security risk to Bitcoin. Millions of addresses could be at risk if quantum computers are eventually able to break Bitcoin’s cryptography.

Bitcoin layer 2 Bitfinity has introduced its Ethereum Virtual Machine (EVM) to bring smart contracts Bitcoin protocols and harness Runes to enable Bitcoin DeFi apps. Built on the ICP $3.7652 protocol, ...