Quantum Computing's Potential Impact on Bitcoin's Security
Crypto analyst Jamie Coutts has updated his perspective on the risks posed by quantum computing to Bitcoin. According to NS3.AI, Coutts emphasizes the challenges arising from Bitcoin's decentralized governance structure. Unlike traditional financial institutions that can swiftly adapt through centralized decision-making, Bitcoin's upgrade process is slow and intricate, lacking a unified authority. Although the timeline for the advent of quantum computing remains uncertain, its potential impact on decentralized networks like Bitcoin could be significant due to delayed risk responses.
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