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Quantum Computing's Dual Threat to Bitcoin: Beyond Wallet Security

Quantum Computing's Dual Threat to Bitcoin

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a week ago

A Coinbase analyst has issued a stark warning regarding the potential impact of quantum computing on Bitcoin, asserting that the threat extends beyond the commonly discussed risk of wallet hacks. David Duong, head of investment research at Coinbase, highlighted that advanced quantum computers could not only compromise private keys but also disrupt Bitcoin's fundamental economic and security model by enabling more efficient block mining.

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