Physicist: It will take another five years for quantum computers to crack the BTCPrivate Key. Will the BTC need to be fully shut down for an upgrade?

Pierre-Luc Dallaire-Demers, a physicist at the University of Calgary in Canada, warns again that we are about five years away from a quantum computer cracking BTCWallet. (Synopsis: BTC cracked in two years? King of SPACs warns "Google quantum chip" to kill SHA-256; Adam Back) (Background added: BTCWallet may be attacked by Google's quantum chip "Brute Force Attack"? Cosine: Let's worry about Satoshi NakamotoPrivate Key in a few decades) Google's release of a new generation of chips earlier this month, Willow, has sparked a thousand waves, Google claims that Willow has successfully broken through the key challenges of quantum computing, the chip can operate in 105 qubits (qubits), originally a problem that would take traditional computers 1 billion years to solve, the new chip can solve in just 5 minutes. The birth of Willow has sparked a fierce discussion among people in the crypto world, and some current technicians believe that BTC's encryption algorithm will soon be cracked by quantum operations, when hackers can easily steal BTC in people's wallets; However, some experts believe that the current quantum computing technology is not enough to pose a threat to BTC... Read more: Satoshi Nakamoto's 1 million BTC may be cracked? Google releases quantum chip Willow, community freezes Wallet debate Scientist: BTCWallet may be cracked by quantum computing in five years In response, Pierre-Luc Dallaire-Demers, a physicist at the University of Calgary in Canada, recently warned that we are about five years away from quantum computers cracking BTCWallet: cracking BTCSecret Key will undoubtedly be one of the simplest application scenarios for large-scale quantum computers. We are about five years away from commercial quantum computers cracking BTC's elliptic curve digital signature algorithm. Charles Edwards, founder of Capriole Investments, recently pointed out that ordinary people currently underestimate the power of quantum computing, just as people who spend only 10 minutes studying BTC think it is worthless. He said that quantum computing will completely change the world, and if BTC is not upgraded, BTC will eventually be broken: quantum computing is real, it will completely change the world. Many studies have found that the threat of quantum computing to BTC will only emerge within 5 to 10 years. Just 2,500 logical Qubits can crack BTC's SHA-256 algorithm. Just two years ago, you couldn't have imagined working with AI, and now the world's research on AI is rising exponentially, and quantum computing will be the same. If we want to hold BTC safely for decades to come, we must get ahead of quantum computers. The level of Quantum Computing skepticism today reminds me of the average person who spends 10 minutes researching Bitcoin and then dismissing it as valueless. Quantum Computing is real. It will change the world. MASSIVELY. QC will break Bitcoin if we do not upgrade it. The... — Charles Edwards (@caprioleio) December 10, 2024 BTC needs downtime for updates to protect against quantum attacks According to Fortune, a study by the School of Computer Science at the University of Kent in the United Kingdom also showed that if BTC wants to effectively prevent the threat posed by quantum computing, it needs to update the protocol, and the price is that BTC needs to be completely down for 76 days. BTC can also use 25% of its servers for protocol updates if it doesn't want total downtime, but only allows users to mine and trade at a slower rate, but at the cost of downtime rising to 305 days (10 months). Regarding the cost of downtime, Carlos Perez-Delgado, a lecturer at the University of Kent, said it is not possible to give an exact figure at this time, but it is expected to reach hundreds of millions of dollars: Even a few minutes or hours of downtime can be very expensive. Do we need to worry? But after all, the development of quantum computers is extremely difficult, and it remains to be seen whether it will really be as predicted by the above-mentioned experts. Cosine, founder of Slow Fog, also previously quoted expert Jeffrey Scholz as saying that quantum computing is still far from cracking the BTCPrivate Key.... And at present, BTC is no longer a small asset played by a group of small Miners themselves, but involves many investors and large institutions around the world, and investors do not need to panic so much. Vitalik Buterin predicts "the disappearance of encryptionWallet": quantum computing will eventually crack external accountEOA Huang Jenxun shouted: Blackwell is the most successful product in Huida's history! Shareholders will talk about the layout of quantum computing and the future direction of AI Will quantum computing accurately predict the global financial market? The results of the US Department of Defense research came out [physics experts: give quantum computers five more years to break the BTCPrivate Key, want to upgrade BTC must be completely stopped? This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".