Why quantum computers don't spell the immediate end of Bitcoin
- —A quantum computer could derive a private key from a visible public key and steal coins
- —NIST approved three post-quantum standards in 2024, but Bitcoin does not use them yet
- —Blockstream researcher Tim Ruffing studied a possible migration path for the network
- —Europol urges early preparation covering wallets, exchanges and users
Why it matters: Migrating to post-quantum cryptography takes time and coordination, so preparations must start well before the threat becomes real.
Source: Crypto Insiders