0 sats \ 1 reply \ @alashazam OP 23 Jun \ parent \ on: Question on the 17.6% lost BTC bitcoin_beginners
Once all bitcoins have been mined, there will be attempt at finding 'lost private keys' ; possibly using Quantum computing, or is this utter nonsense ?
Otherwise I think the big lesson is to learn how to improve security measures and educating users to prevent the loss of private keys in the first place.
Once all bitcoins have been mined, there will be attempt at finding 'lost private keys' ; possibly using Quantum computing, or is this utter nonsense ?
We don't know when but I believe that this scenario is probable once a QC becomes practically usable for breaking ECC. Then, there will be two types of "miners" 😅. The thing is, there will always be maximum of ~20,999 BTC and not more and the live wallets will be already QC-resistant.
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