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Quantum computers could bring lost Bitcoin back to life: Here’s how

Quantum technology, rooted in quantum mechanics, has the potential to revolutionize data processing and problem-solving, currently being 300,000 times faster than traditional computers. This advancement poses risks to Bitcoin's cryptographic underpinnings, specifically targeting the ECDSA that secures wallets. Quantum computing could allow malicious entities to derive private keys from public keys using Shor's algorithm, which may jeopardize Bitcoin holders, especially those linked to older or reused addresses. Estimates suggest 2.3 to 3.7 million Bitcoin are permanently lost, which could resurface if quantum computers crack their wallets. Ethical concerns also arise regarding the potential reintroduction of lost coins into circulation, which could disrupt Bitcoin's scarcity and market value. To mitigate these risks, users should avoid address reuse and utilize wallets that support newer protocols. Ongoing research into quantum-resistant wallets indicates that Bitcoin is not under immediate threat but requires vigilance.

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Oct. 10 Historic Crypto Crash: Galaxy Analyst Explains Why Bull Run Is Far From Over

Despite the October 10 sell-off, Galaxy Digital’s Alex Thorn asserts that the structural bull market in crypto remains intact. He identifies three substantial tailwinds for a forthcoming rally: AI capital expenditure driven by major firms, the increasing role of stablecoins as payment rails, and the ongoing tokenization of real-world

Satoshi's Bitcoin stash lost over $20B amid market crash

Satoshi Nakamoto's Bitcoin holdings have decreased by over $20 billion following a recent market crash that affected numerous cryptocurrencies, some losing nearly all of their value. As the largest holder of BTC, Nakamoto's wallets contain over 1 million BTC, valued at approximately $117.5 billion at

Satoshi's Bitcoin stash loses $20 billion in value following market crash

Satoshi Nakamoto's Bitcoin wallets have witnessed a decline of over $20 billion in value following a recent market crash that affected many cryptocurrencies, some losing up to 99% of their value. The unrealized loss occurred since Bitcoin's all-time high of over $126,000 in early October,

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