According to Alex Pruden, CEO of Project 11, the cryptocurrency industry is dangerously unprepared for quantum computing as a threat. In an interview on the Wolf of All Streets podcast Wednesday, Pruden broke down the exact mechanics of how a quantum computer could unravel Bitcoin‘s (CRYPTO: BTC) foundational cryptography, putting approximately 6.7 million BTC at risk of theft.
6.7 Million Bitcoin Face A 9-Minute Quantum Threat And Nobody's Watching, Crypto Exec Warns
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Project 11 CEO Alex Pruden warns that quantum computing poses a threat to approximately 6.7 million BTC, potentially compromising Bitcoin's cryptography.
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