Will Quantum Computing Kill Bitcoin? | Scott Aaronson & Justin Drake
Bankless
Quantum Vulnerability in Crypto: Ethereum vs Bitcoin
This chapter explores the quantum vulnerability differences between Bitcoin and Ethereum, highlighting Ethereum's ability to adapt through potential upgrades like BLS signatures and ECDSA. It discusses the impact of quantum computing on property rights regarding lost tokens and introduces the concept of 'quantum canary' smart contracts for smoother transitions to post-quantum cryptography. The conversation culminates in contemplating the future of digital currencies in the face of quantum advancements, including the revolutionary idea of quantum money.
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