CandleFocus The myth of ‘lost bitcoin’ in the age of quantum computing
2024-12-25
Author: Content Editor
This crypto news content discusses the idea that "lost" Bitcoin coins may not be permanently lost due to advances in quantum computing and cryptography. As computational power evolves, it is speculated that abandoned wallets with forgotten keys could become targets for hackers who can derive private keys from public ones. This would bring dormant Bitcoin back into circulation, challenging the notion of the cryptocurrency's scarcity. The article suggests that this treasure hunting of old wallets could become a competitive market in the future, maintaining the promise of 21 million circulating coins.
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