Bitcoin Faces Quantum Threat: Study Reveals Need for Major Protocol Update
Bitcoin may need a significant update to safeguard against future quantum computing threats, according to a comprehensive study by the University of Kent’s School of Computing. Analysts estimate that this update process could demand around 76 days of downtime if all bandwidth is dedicated to the task. As quantum technology advances, ensuring Bitcoin’s resilience becomes crucial for its survival in the digital age. Investors should prepare for potential impact on the crypto ecosystem as this situation unfolds.