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How BIP 360 Prepares To Quantum Proof Bitcoin With Hunter Beast

Compass Mining

CHAPTER

Quantum Threats to Bitcoin Security

This chapter examines the potential dangers posed by advancements in quantum computing to existing cryptographic systems that secure Bitcoin transactions. The discussion emphasizes the need for urgent transition in cryptographic practices by 2030, analyses the uneven global investment landscape in quantum technology, and reflects on the uncertainty surrounding these developments. It also explores the implications of 'Q day,' the challenges of investing in gold as a hedge, and the opportunities for startups in the quantum computing field.

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