BlockBeats News, December 31 — ElizaOS founder Shaw shared his views on “Quantum Computing Threat to Bitcoin.” Its realization is much farther off than current media reports suggest. For hash functions like SHA-256, Grover’s algorithm only reduces the search space from 2²⁵⁶ to 2¹²⁸, but 2¹²⁸ remains unbreakable. Shor’s algorithm can theoretically crack RSA/ECDSA encryption, but current quantum computers typically rely on preprocessing or known factors for optimization, and are not pure Shor algorithm implementations. To crack Bitcoin, a real-time network, it would require rapid repeated execution. If feasible, all encrypted data would be exposed, and Bitcoin would then be a minor issue. Modern cryptography has always assumed future computational growth; quadratic acceleration was anticipated and considered decades ago. Whenever you see fear or hype around quantum computing, remember: these people know nothing at all.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Best Crypto to Invest In: Why Pepeto Targets Huge Gains Before Listings While Bitcoin Hyper and L...
The best crypto to invest in is not always the loudest project in the room. Retail buyers are trying to make sense of a market where Layer 2 tokens promise the world but deliver nothing you can use today. As Jack Dorsey’s Block launches Bitcoin Day and puts 15 BTC on the line to push adoption,
BlockChainReporter29m ago
BTC 15-minute drop of 0.62%: whale capital inflows into exchanges spark short-term sell pressure
2026-04-06 22:45 to 23:00 (UTC), BTC fell 0.62% in short-term trading. The price fluctuated between 68812.1 and 69240.0 USDT, with an amplitude of 0.62%. Trading volume rose in sync during this period, market attention increased noticeably, volatility risk rose, and short-term investors’ sentiment turned cautious.
The main driving force behind this unusual move is that on-chain data shows whales holding large amounts of BTC are concentrating funds to exchanges. Within 10 minutes, the total amount of funds transferred was about $420,000; within 24 hours, it reached 867.28 BTC, even higher. Then
GateNews1h ago
BTC drops below 69,000 USDT, and the 24-hour gain narrows to 1.25%
Gate News update: On April 6, market data shows that BTC has broken below 69,000 USDT, currently trading at 68,979.5 USDT. The 24-hour gain has narrowed to 1.25%.
GateNews1h ago
BTC 跌破 69000 USDT
Gate News bot 消息，Gate 行情显示，BTC 跌破 69000 USDT，现价 68911 USDT。
CryptoRadar1h ago
Bitcoin Holds Weekly Inflows While Ether, Altcoin ETFs Slip
Bitcoin ETFs managed a modest weekly gain despite sharp swings, while ether extended its outflow trend. Solana and XRP also declined in a shortened trading week.
Key Takeaways:
Blackrock IBIT helped drive $22.34 million bitcoin ETF inflows, but volatility signals weak conviction ahead.
Ether ET
Coinpedia2h ago
Bitcoin Eyes $80,000 Milestone As Geopolitical Tensions in the Strait of Hormuz Reach a Boiling P...
The crypto market currently is at a pivotal point where technical momentum meets intense global uncertainty. After being stuck in a holding pattern for many weeks, BTC now appears poised to break out again as geopolitical narratives shift and additional volatility is expected. Top crypto analyst
BlockChainReporter2h ago
