Could Quantum Computing Be Used to Crack Cryptocurrency?
The theory goes that quantum computing could be used to crack out cryptocurrency wallets. Is this true?
Andreas Antonopoulos spoke before the Senate Committee in Canada, discussing bitcoin, its threats and benefits.
The theory goes that quantum computing could be used to crack out cryptocurrency wallets. Is this true?
Bitcoin is believed to enter the miner capitulation stage, where hash rate and price drop significantly. However, some researchers claim that Bitcoin price is independent of the halving cycles, as well as of hash rate.
Ripple IPO could destroy the XRP price, according to many of the analysts. However, Brad Garlinghouse didn’t say that Ripple will be doing any IPOs.
Bitfinex presents a 5x leverage for trading of its XAUT gold-backed stablecoin against the U.S. dollar, Tether and Bitcoin.
According to many Bitcoin proponents, crypto is bulletproof thanks to the blockchain. However, the industry’s famous players quite often have the power to influence prices and opinions.
European Central Bank’s head Christine Lagarde dismisses Bitcoin’s positive sides but admires stablecoins and calls for large-scale competition.
While the theory of Quantum Computing has raised concerns on its ability to decode cryptographic data, the developments made by Google are far from challenging the Bitcoin network.
Recently, the XRP Community was divided among the lines of those who believe in a theory and those who don’t. The theory in question is whether XRP will reach $589 in price before the end of the year or even $10,000 one day.
Bitcoin’s Lightning Torch experiment has amassed over 140 participants from 37 countries with several popular global figures endorsing it.
According to Antonopoulos, ETFs, if thought of as instruments, allow investors to just speculate around the price of cryptocurrency but not actually hold them.