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Bitcoin Safe From Quantum Computers, Says Craig Wright
Craig Wright, a self-proclaimed Satoshi Nakamoto, has made a bold statement regarding the security of the Bitcoin network against quantum computers. According to him, it is not possible for quantum computers to break the hash function used in Bitcoin’s algorithm.
Wright claims that even if they did exist, quantum computers and Shor’s algorithm would not be able to solve the hash problem. He asserts that all the speculation around this topic is just “a bedtime story for people who want to feel smart.”
This statement comes as a surprise, considering that many experts have expressed concerns about the potential threat of quantum computers to blockchain security. While it may seem like an unpopular opinion, Wright’s stance emphasizes the importance of addressing key security issues in the world of cryptocurrency.
In particular, he highlights the fact that even if a private key is compromised, it does not mean that a public key can be extracted from it. He stresses that quantum computers will never break a hash and that all the fuss about it is just unnecessary noise.
Although some cryptologists have expressed concerns about the possibility of extracting private keys from public keys using quantum computers in the future, Wright believes this to be far-fetched.
Source: u.today
