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…
Stealing Non-Fungible Tokens (NFTs) is a difficult task as they are secured with blockchain technology but not impossible. NFTs are digital tokens that are stored on a blockchain and are designed to be unique and…
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…
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…
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…