Bitcoin Could Require Over 300 Days Of Downtime To Prepare It For The Quantum Era, Shows Study Amid Google ‘Willow’ Chip Concern

Bitcoin (CRYPTO: BTC) might need to undergo a costly and time-consuming update process to ward off the threat from quantum computing in the future, according to a Tuesday report that cited a study.

What Happened: The study, led by the University of Kent’s School of Computing, estimated that a protocol update to protect Bitcoin from quantum computing threats would require taking the cryptocurrency offline for about 76 days provided 100% of the bandwidth is committed to the process, Forbes reported.

However, if 25% of the bandwidth is allowed, which would allow users to continue mining and trading at a slower pace, the update would take …

Full story available on Benzinga.com

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  • bellscoinBellscoin (BELLS) $ 0.372665
  • luckycoinLuckycoin (LKY) $ 0.877267
  • bitcoinBitcoin (BTC) $ 94,675.00
  • dogecoinDogecoin (DOGE) $ 0.338386
  • shiba-inuShiba Inu (SHIB) $ 0.000022
  • litecoinLitecoin (LTC) $ 103.39
  • pepePepe (PEPE) $ 0.000018
  • bellscoinBellscoin (BELLS) $ 0.372665
  • luckycoinLuckycoin (LKY) $ 0.877267