ElizaOS founder: The threat of quantum computing to bitcoin is nonsense, and speculators know nothing.
According to ChainCatcher, ElizaOS founder Shaw expressed his views on the "quantum computing threat to bitcoin," stating that its realization is much further away than current media reports suggest. For hash functions such as SHA-256, the Grover algorithm only reduces the search space from 2²⁵⁶ to 2¹²⁸, but 2¹²⁸ is still impossible to break. The Shor algorithm can theoretically crack RSA/ECDSA encryption, but current quantum computers generally rely on optimizations such as preprocessing or prior knowledge of factors, rather than a universal implementation of the pure Shor algorithm.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
McDonald's US Same-Store Sales May Remain Under Pressure, RBC Says
Saudi Arabia’s oil shipments to Asia surged to nearly 100 million barrels, with Aramco proactively covering transportation and delivering directly to China, India, and Japan-South Korea: Supply shortage expectations meet the reality of correction.
According to reports, since the middle of last week, Saudi Arabia has sold approximately 100 million barrels of crude oil to China, India, Japan, and South Korea, with delivery periods covering October and November. At the same time, Saudi Aramco has made a rare commitment in these transactions to handle logistics and transportation, delivering the crude oil directly to Asian customers. Previously, due to soaring oil prices, Asian refineries had been considering reducing operating rates. This large-scale supply has to some extent mitigated the supply risks faced by Asia.
Embracer shareholders vote to cancel dividend, roll SEK 21.7 billion into retained earnings
Crypto prices
More
