There’s rumours (if you’re a crypto enthusiast then you may have heard already) quantum computing could crack Bitcoin’s encryption and send the entire crypto market to net zero overnight. And not just Bitcoin and crypto encryption… it has the power to change the entire infrastructure of the internet as we know it in a matter of minutes, even seconds! Is that possible!? Or is it the blockchain equivalent of “we only use 10% of our brains”…?
5 hours ago 1 minute read 2 comments TheBlockchainScientist
Is the threat of quantum computing currently a threat? No… not yet. Today’s most advanced quantum computers operate with around 1,000–4,000 noisy qubits. For a quantum computer to threaten Bitcoin’s ECDSA encryption, researchers and IT experts estima...
9 Jun 2026 1 minute read 0 comments TheBlockchainScientist
For those of you who are unsure of the definition, encryption refers to ‘scrambling’ your data, making it unreadable, using a mathematical algorithm. So if someone intercepts this encrypted data, they will essentially be met strings of numbers, and i...
9 Jun 2026 1 minute read 0 comments TheBlockchainScientist
Traditionally as most of you will already be aware of, computers process information in binary - every piece of data is either a 0 or a 1. A quantum computer uses qubits, which exploit quantum superposition to exist as 0, 1, or both simultaneously. I...
