Editor's PiCK
Ju Ki-young: "No Need to Worry Too Much About Quantum Computers Hacking Bitcoin (BTC)"
JH Kim
Summary
- CEO Ju Ki-young stated that concerns about Bitcoin hacking due to 'quantum computers' are excessive.
- He explained that a 'hard fork' is possible to prevent negative impacts even if Bitcoin is hacked.
- He added that quantum computers cannot hack the 'consensus' that determines Bitcoin's value.
Ju Ki-young, CEO of CryptoQuant, stated on the 10th (local time) via X (formerly Twitter) that "there is no need to worry too much about quantum computers hacking Bitcoin (BTC)," and added, "As technology advances, the industry will adapt to it."
He explained, "Even if hacking occurs, hackers are likely to hide it to avoid a collapse in Bitcoin's value," and "if Satoshi's wallet is hacked, the issue can be resolved through a hard fork that returns the network to its pre-hack state."
Additionally, he noted, "The value of Bitcoin is determined by people's consensus," and "quantum computers cannot hack this consensus."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
