{
}
Quantum computing advancements pose significant risks to Bitcoin's encryption, potentially requiring up to 305 days for protocol updates to ensure security. This lengthy downtime could lead to economic losses of $912 million and strain the network's already criticized transaction speeds. Experts warn that as quantum technology evolves, the urgency for Bitcoin to adapt grows, highlighting the need for strategies to mitigate these threats while maintaining functionality.
Carlos Perez Delgado
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
quantum computing risks bitcoin security requiring extensive protocol updates
20:17 18.12.2024
Trending
Subcategory
Industry Trends
Corporate News
Global Trade Developments
Government Economic Policies
Supply Chain Management
Startups & Entrepreneurship
Retail and Consumer Goods
Energy Sector Developments
Emerging Startups
Funding Rounds & Investments
Industry Mergers & Acquisitions
Banking & Investment Regulations
Cryptocurrency & Blockchain Regulations
Stock Market Updates
Anti-Money Laundering (AML) Regulations
Tax Policy & Corporate Taxation
CEO Changes
Foreign Exchange Rates
Financial Scams and Security
Finance Mergers & Acquisitions
Countries:
Companies:
Apple Inc.
Learning Resources Inc.
MGA Entertainment Inc.
State Street Global Advisors Luxembourg SICAV - SSGA EMU ESG Screened Equity Fund
European Union Bonds
SLB 4,6% 01JUN25
Equinor Ventures AS
Quanta Services, Inc.
Gold Circuit Electronics Ltd.
Unimicron Technology Corp.
Yatra Online, Inc.
Daiwa Institute OF Research Ltd.
Pegatron Corporation
KODEX India Tata Group
Wistron Corporation
Foxconn Technology Co., Ltd.
Volkswagen AG
XIAOMI-W
XPeng Inc.
Tesla, Inc.
Currencies:
United States Dollar
Chinese Yuan
Indian Rupee
United Arab Emirates Dirham
Vietnamese Đồng
New Taiwan Dollar
Japanese Yen
Euro
Australian Dollar
Thai Baht
Saudi Riyal
People: