VanEck CEO Warns Quantum Computing Could Threaten Bitcoin Encryption

Quantum computing poses a potential threat to Bitcoin’s encryption and privacy, according to VanEck CEO Jan van Eck, who warns that his firm would abandon the asset if it becomes fundamentally compromised. However, the risk remains distant, offering time for the Bitcoin community to adapt. Quantum computing could break Bitcoin’s current encryption methods, endangering transaction […]

Source: https://en.coinotag.com/vaneck-ceo-warns-quantum-computing-could-threaten-bitcoin-encryption