always looms over every system and network in cyberspace. This is the basis of cybercrimes that are still rampant.
It's no secret anymore, hacking is a scourge that always looms over every system and network in cyberspace. This is the basis of cyber crimes that are still rampant.
Bitcoin Blockchain Can't Be Hacked
Based on a report from Newscientist, Tuesday (25/1/2022), Mark Webber at the University of Sussex, UK, and his colleagues have investigated how big a quantum computer is needed to crack Bitcoin.
And interestingly, to be able to hack into those major crypto networks, quantum computers would need to be about a million times what they are today.
New evidence has emerged to answer, how difficult the Bitcoin (BTC) blockchain is to hack, which shows how worthy this technology is to adopt.
It's no secret anymore, hacking is a scourge that always looms over every system and network in cyberspace. This is the basis of cybercrimes that are still rampant.
Bitcoin Blockchain Can't Be Hacked
Based on a report from Newscientist, Tuesday (25/1/2022), Mark Webber at the University of Sussex, UK, and his colleagues have investigated how big a quantum computer is needed to crack Bitcoin.
And interestingly, to be able to hack into those major crypto networks, quantum computers would need to be about a million times what they are today.
Far from Capable
According to Webber and the team's calculations, breaking Bitcoin's encryption within 10 minutes would require a quantum computer with a capacity of 1.9 billion qubits.
Meanwhile, solving it in an hour would require a machine with 317 million qubits. Even if left for the whole day, this figure only drops to 13 million qubits.
Just imagine, the latest quantum computer from IBM alone only has 127 qubits. This makes hacking cases on the Bitcoin blockchain impossible. Very far from being able to.
Not a single great device has been able to hack it yet, not even close to the 1 million qubit mark to try to hack it.
This clearly proves that blockchain will still be a secure innovative network for many years to come. There is no need to worry, the adoption of this network will actually increase efficiency in several lines of activity.
