THE REAL PRICE OF BITCOIN
Have you ever wondered what the real value of Bitcoin is, and how much it is worth? Bitcoin has been a topic of discussion for years, with its value and potential constantly fluctuating. But what…
BITCOIN RISKS AND LIMITATIONS
Hence the blockchain technology has many potential benefits, it's important to consider the potential risks and limitations. Here are some solid arguments for why we shouldn't blindly trust the code behind Bitcoin's blockchain: Vulnerabilities: No…
INNOVATIONS RELATED TO THE REGULATION OF VIRTUAL CURRENCY IN LITHUANIA
From November 1, 2022, in connection with the law adopted in Lithuania, innovations related to the legal regulation of virtual currencies will come into force. According to Lithuanian sources, from November 1, virtual currency exchange operators…
THE EU HAS REACHED AN AGREEMENT ON AML WHEN TRANSFERRING CRYPTO ASSETS
Crypto assets, as you know, are digital money that have proven to be a popular alternative to real money. Crypto assets can be used on various platforms to pay for services or simply to store…
Weapon of the Future: The Quantum Computer
Quantum computing poses a threat to blockchain technology because it upends the basic security assumption of elliptic curve cryptography, namely, that computers cannot factor large numbers effectively. In today’s traditional and legacy blockchains, the most…
Bitcoin vs. Quantum
How many Bitcoins could be stolen now if sufficiently large quantum computers were available? Imagine that someone manages to build a quantum computer today and is therefore able to derive private keys. How many Bitcoins…
Bitcoin – Quantum Threat
Quantum computers are posing a serious challenge to the security of the Bitcoin blockchain. Presently, about 25% of the Bitcoins in circulation are vulnerable to a quantum attack. If you have Bitcoins in a vulnerable…
How safe is Bitcoin (BTC)?
Not at all. Bitcoin, the most popular cryptocurrency, works on a protocol that attempts to shield the participant's identity using pseudo name addresses. These pseudo names are randomly generated combinations of alphabets and numbers. However,…