Elon Musk queried AI chatbot Grok about the potential threat of quantum computing to Bitcoin, sparking discussions on the cryptocurrency's security.
Musk's Inquiry on Quantum Computing
Elon Musk, involved with Bitcoin through Tesla and SpaceX, asked Grok AI about the potential threat of quantum computing to the SHA-256 algorithm, prompted by IBM's ambitious roadmap for a 2,000-qubit system by 2033.
Grok AI's Assessment of Short-Term Risks
Grok AI concluded that there is a minimal short-term risk posed by quantum computing to Bitcoin's cryptographic security. The discussion did not trigger immediate market impact, as investors viewed the threat as speculative.
Bitcoin's Future in Light of Quantum Technologies
Experts suggest that Bitcoin's current security remains intact for the foreseeable future, although they emphasize the importance of continuous algorithm monitoring and the potential shift to quantum-resistant systems like SHA-3 or SHA-512 if necessary.
Discussions on the risks of quantum computing continue to be relevant but currently pose no tangible threats to blockchain protocols. The industry remains vigilant regarding advancements in quantum technology and potential defense strategies.
