Trump directing ‘government dollars and time’ to quantum security could be a boon for bitcoin

The Block·

Trump directing ‘government dollars and time’ to quantum security could be a boon for bitcoin

60-second summary

Millions of bitcoins with exposed public addresses are at risk to quantum computers, according to Project Eleven. Trump's direction of government dollars and time to quantum security could potentially benefit bitcoin by accelerating the development of quantum-resistant cryptography, thereby safeguarding vulnerable coins and potentially increasing investor confidence in the cryptocurrency market's long-term security.

Millions of bitcoins with exposed public addresses may be at risk to quantum computers, Project Eleven previously said.