BlockBeats News, December 31 — ElizaOS founder Shaw shared his views on “Quantum Computing Threat to Bitcoin.” Its realization is much farther off than current media reports suggest. For hash functions like SHA-256, Grover’s algorithm only reduces the search space from 2²⁵⁶ to 2¹²⁸, but 2¹²⁸ remains unbreakable. Shor’s algorithm can theoretically crack RSA/ECDSA encryption, but current quantum computers typically rely on preprocessing or known factors for optimization, and are not pure Shor algorithm implementations. To crack Bitcoin, a real-time network, it would require rapid repeated execution. If feasible, all encrypted data would be exposed, and Bitcoin would then be a minor issue. Modern cryptography has always assumed future computational growth; quadratic acceleration was anticipated and considered decades ago. Whenever you see fear or hype around quantum computing, remember: these people know nothing at all.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BlackRock withdrew 3,741 BTC and 41,075 ETH from a certain CEX, totaling approximately $364 million in value
Gate News message: On April 11, according to monitoring by Onchain Lens, BlackRock withdrew 3,741 BTC (worth $272.49 million) and 41,075 ETH (worth $92.00 million) from a certain CEX. The total value of the two transfers is about $364 million.
GateNews14m ago
Polymarket data: The probability that Bitcoin will break $75,000 in April is 77%
Polymarket data shows that the probability of Bitcoin breaking above $75,000 in April is 77%, and the probability of breaking above $80,000 is 24%; the probability of dropping to below $65,000 is 30%. Deribit data shows that the max pain（maximum pain）price for Bitcoin options expiring on April 24 is $70,000, with a notional amount of approximately $6.98 billion.
GateNews15m ago
Bitcoin Faces Crucial Supply Test – Understanding the URPD Cluster Near $73,000
The cryptocurrency industry is currently experiencing a very high psychological and technical level of consolidation. Most of the news relating to the market will typically focus on price movement. Well-established analysts are analyzing on-chain statistics to identify the current strength of the pr
BlockChainReporter2h ago
'Bitcoin ETF Performance Pales Next to Gold': Mike McGlone - U.Today
Mike McGlone, a Bloomberg strategist, argues that Bitcoin ETFs may not drive long-term growth for Bitcoin, which has underperformed compared to gold. Despite recent gains, Bitcoin's performance seems capped, suggesting a potential peak in crypto enthusiasm.
UToday7h ago
Nunchuk Launches Open-Source Bitcoin Tools for AI Agents With 'Bounded Authority'
In brief
Nunchuk released two open-source tools designed to let AI agents interact with Bitcoin wallets under strict limits.
The system uses shared wallets and approval policies so agents cannot spend funds beyond defined rules.
The tools aim to support automated financial tasks while
Decrypt7h ago
The U.S. government transferred 2.44 BTC to a certain CEX, worth about $177k
Gate News message. On April 10, according to Lookonchain monitoring, the U.S. government (funds seized involving Glenn Olivio) today deposited 2.44 BTC to a CEX, worth approximately $177k.
GateNews8h ago
