Quantum risk: a black scenario that is worried about Blackrock

Doubts grow around the famous “Q-day”. This day, when quantum technology exceeds cryptography protecting bitcoins. This concern comes from Blackrock, who added an explicit mention of quantum risk in his Bitcoin ETF. This procedure raises the question: Is the safety of bitcoins outdated in the face of future quantum computers? Problems are colossal because it is not just a theoretical risk.

Quantum danger lies on bitcoins

Blackrock, Giant Asset Management, first mentioned The threat of quantum computer science In his prospectus he updated his bitcoins ETF, Ishares. This threat is based on the potential capacity of quantum computers to decrypt private keys that provide bitcoin transactions.

In his Blackkrock file he explains:

If relatively powerful quantum processors appear, they could decipher private keys and endanger the safety of wallets.

The company also emphasizes that the transition to Quantum resistant cryptography would require a large consensus within the Bitcoin community. This transition to a new standard could be complex, even contradictory.

Technically comes the fear ofSHOR algorithmcapable of breaking elliptical cryptography on which a bitcoin network lies. Google and Microsoft have introduced progress in quantum computer science, such as Willow and Majorana 1 processors, capable of performing unimaginable calculations in minutes. However, reality is still far from the immediate threat.

As Paolo Ardoino, CEO de Tether explains, “Quantum machines are still far from being able to burst 256 -bit security This leaves a little relief.

According to the analyzes, however, it is close to 25 % of bitcoins in circulation is stored in potentially vulnerable addressesEspecially those who have already revealed their public key. If one day a relatively powerful quantum computer is born, these corners would then be endangered.

Crossed the views on the quantum threat

Opinions are shared in the Krypto community. Some such as in the office area alerts on threat. Their Tweet underlines:

The largest manager of world assets, Blackrock, has just added Quantum as a risk in his Bitcoin ETF set.

This institutional warning has something to strengthen attention.

On the contrary, experts like Ole Lehmann receive a soothing posture. They remember that Bitcoin has been expecting this risk long ago. Ole writes: ” Bitcoin is not afraid of Willow, a Google quantum processor. Satoshi planned this threat 14 years ago ”. Describes that The Willow processor, albeit revolutionary, is only the first step on a long journey. If you want to threaten bitcoins, it would take a technological jump of several orders. Ole adds that:

Bitcoin developers are already working on post-Quint signatures such as SPHINCS+, which will replace old methods.

In addition, blockchain is not frozen. The Recent forks such as Segwit or Taproot, They have already strengthened the safety and scalability of the network. Community and developers show adaptability that suggests the future with effective post-Quintic protection.

Key data and financial problems

Quantum represents a potential threat but Also a considerable economic challenge For bitcoins and crypto-sfir. Here are the numbers to remember:

• Bitcoin Bitcoin Fund Bitcoin Ishares Blackrock has net assets of $ 64 billion;
• About 25 % of bitcoins (approximately 4 million) are vulnerable addresses;
• Google announced a quantum processor capable of solving the problem in 5 minutes, against 10 years for conventional superordinators;
• Since the beginning of the year, Bitcoin ETF has attracted more than $ 41 billion, which is evidence of strong interest despite risks;
• Postvantic signatures such as SPHINCS+are already tested on bitcoin tests.

This observation shows contradiction : The market is still widely ignored by a threat focused on immediate volatility and growth, while the quantum threat requires deep preparation. In addition, the transition to post-quptic cryptography could be laborious and divided the community.

In this race, some actors also see the opportunity in Quantum. For example, Noris, specialized in cyber safety, offers solutions to ensure compatible EVM blockchains without hardFork. This innovative approach offers further comfort in the face of future risks and at the same time retains network compatibility. The rise of quantum could therefore stimulate a new generation of protection and combine reinforced safety and technological continuity.

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.