River CEO warns that Bitcoin at risk from quantum computers, sees no danger for banking stays

While quantum computing is a threat to Bitcoin security, banks have several defenses in place to prevent general collapse, said Leishman de River.

The debate on the question of whether quantum computers could threaten Bitcoin (BTC) Heats up once again, with the CEO of River, Alexander Leishman, arguing that Bitcoin is more at risk than traditional banking systems.

In A post X On February 21, Leishman explained that in the event of Bitcoin, fund security depends entirely on the private key. Once a public key is exposed, a quantum computer could easily access the funds.

“There is no protective layer here for an address with a revealed public key. It is by far the most king + attack to be made if you have access to a QC without question. »»

Alexander Leishman

However, the banking system is safer, Leishman Agus. Although a quantum computer can disrupt HTTPS encryption, which is used to secure online communication, attackers should always intercept traffic and dNS misappropriation before having access to banking systems.

Banks also use additional safety layers such as IP white lists and symmetrical password authentication, which are not vulnerable to quantum computers, Leishman explains.

“Even if you manage to burst a bank, you need to get this money somewhere. Everything is very kYc with a lot of manual controls around large funding movements. Good luck to move millions or billions without a human to catch something. »»

Alexander Leishman

Although quantum computer science represents a potential threat to Bitcoin, it is not something to be feared in the near future. However, recent developments suggest that quantum computers can be closer than we thought previously.

February 19, Microsoft presented A new quantum chip, saying that it demonstrates quantum computer science is “years, not decades”. The so -called Majorana 1 chip is designed to reduce nature subject to the errors of quantum calculation and is supported by a scientific newspaper which provides for publication in nature.

Although there is still a doubt in the world of technology as to the speed with which quantum IT will have an impact, companies like Google and IBM predict that large -scale quantum computers could be operational by 2033 .