TLDR · SCIENCE & FUTURISTIC TECHNOLOGY

A LOOMING THREAT TO BITCOIN: THE RISK OF A QUANTUM HACK

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Summary from the TLDR newsletter

Quantum computing could one day enable hackers to break the encryption that keeps bitcoin secure. A quantum device powerful enough to do this is still likely a decade or more away. The technology poses a long-term risk unless bitcoin's community of developers beef up its technology. A breakthrough that threatens bitcoin's security would also threaten many other industries, including traditional finance.