Safety

VanEck Says Bitcoin Community Acknowledges Quantum Computing Threat

September 18, 2026, 3:55 PM UTC (14 days ago) · 1 source · Summarized by CryptoBipto — how we make this

Asset manager VanEck has noted that the Bitcoin community is increasingly aware of the potential risks that quantum computing poses to Bitcoin's cryptographic security. The discussion centers on whether future quantum computers could break the encryption that protects Bitcoin wallets and transactions.

WHY IT MATTERS

Bitcoin's security relies on mathematical puzzles that are extremely hard for today's computers to solve. Think of it like a lock that would take a regular computer millions of years to pick. Quantum computers work in a fundamentally different way and could theoretically pick that lock much faster. While no quantum computer today is powerful enough to do this, the Bitcoin community is starting to plan ahead. This is similar to how a city might start reinforcing buildings long before a predicted earthquake — the threat is not immediate, but preparing early is important because upgrading Bitcoin's security requires agreement from a large, decentralized network of users, which takes time.

Quantum computing has long been discussed as a theoretical threat to cryptocurrencies because sufficiently powerful quantum computers could, in principle, break the elliptic curve cryptography that secures Bitcoin private keys.

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