Post
Topic
Board Bitcoin Discussion
Re: How will Quantum computing affect Bitcoin?
by
franky1
on 12/04/2021, 20:12:07 UTC
But from what I've read (since there are plenty of threads here on this topic!) Bitcoin is pretty much safe from quantum computing and the only weakness (albeit theoretical) may be in the address reuse. (If I understood right). However, there are a lot of things in this world protected by cryptography, same or weaker than Bitcoin's, if this is hacked the problems will be .. generalized.
As well as transactions that were in P2PK, which means most of the coins mined in the early days are vulnerable. It is not difficult to solve this issue for the transactions in the future but those with exposed public keys will inevitably be vulnerable still.

vulnerable??
its been 12 years where an address has exposed its publickey
there is 40coins $1.2mill up for grabs... but so far no one has managed to take it

https://www.blockchain.com/btc/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16

seems secure to me