The potential of quantum computing poses a significant threat to Bitcoin's cryptographic security, as it relies heavily on traditional binary systems for its hashing processes.
Bitcoin's use of SHA-256 relies on the computational power and security of cryptography. If quantum computing can break this, it could render Bitcoin valueless.
Due to Bitcoin’s reliance on SHA-256, an advancement in quantum computing could upend traditional cryptography, leading to vulnerabilities that attackers could exploit.
Understanding Bitcoin’s reliance on cryptographic techniques is crucial in assessing the real risks quantum computing poses on its future stability and security.
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