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orliesaurustoday at 1:03 PM3 repliesview on HN

Eventually with quantum computing we will be able to recover those wallets right? (Technically)


Replies

tigereyeTOtoday at 1:08 PM

That depends on whether the public key has been exposed.

Bitcoin addresses encode the ripemd160 hash of the public key, so by default when payments are made to new addresses they are not quantum crackable.

But when someone spends from an address they publish the public key to the chain as part of the spend. From then on, any new deposits sent to the same address are at risk of quantum attack

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thih9today at 1:17 PM

Technically it might be more profitable to mine extraterrestrial diamonds.

rbrevetoday at 1:06 PM

at this point bitcoin will be worthless