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Podcast: CoinDesk Podcast Network
Episode: The Blockspace Pod: Unraveling Bitcoin's Quantum Problem
Description: Charlie Spears explores the existential threat of quantum computing to Bitcoin. Shor’s algorithm and the heated debate surrounding Satoshi’s 1 million BTC stash.
We break down the difference between bits and qubits, explain why Shor's algorithm threatens elliptic curve cryptography, and debate the fate of Satoshi's vulnerable coins. It’s a deep dive into encryption, timeline predictions, and the massive coordination challenge facing the Bitcoin network to upgrade before it's too late.
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Notes:
* Satoshi has ~1M quantum vulnerable BTC.
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