The potential threat of quantum computing to Bitcoin's security has ignited a debate over the future of vulnerable coins. With approximately 6.98 million BTC, valued at $440 billion, at risk, the crypto community is divided on how to address the issue. Some propose freezing vulnerable coins to protect them, while others argue this would undermine Bitcoin's foundational principles of neutrality and immutability.
Experts like Nima Beni and Georgii Verbitskii emphasize the importance of maintaining Bitcoin's structure and suggest upgrading cryptography to quantum-resistant signatures. Meanwhile, figures like Paolo Ardoino and Roya Mahboob argue against intervention, asserting that any inflationary effects from lost coins returning to circulation would be temporary. The debate highlights the tension between maintaining Bitcoin's core principles and adapting to potential technological threats.
Quantum Computing Threatens $440 Billion in Bitcoin, Sparking Debate
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
