How To Quantum-Proof Bitcoin
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In this video, I discuss how to quantum-proof Bitcoin by introducing a new quantum-resistant digital signature algorithm.
Quantum computers are just as much a threat (and maybe more) to the government and the traditional banking system, which tend to be much more slower-moving and bureaucratic.
By keeping your Bitcoin in P2PKH addresses that have not been reused, you can help to protect your own coins from a quantum attacker.
Not investment advice! Consult a financial advisor.
Shor's algorithm:
https://en.wikipedia.org/wiki/Shor%27...
ECDSA:
https://en.bitcoin.it/wiki/Elliptic_C...
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#quantum
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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