Tim Draper Says Quantum Computers Will Hack Banks Before Bitcoin
The post Tim Draper Says Quantum Computers Will Hack Banks Before Bitcoin appeared first on Coinpedia Fintech News Billionaire investor Tim Draper believes Bitcoin has less to fear than traditional banks.
In a recent interview, Draper said that quantum computers will “crack banks faster than blockchains.” He said that his Bitcoin holdings are currently safer than cash sitting in a bank account. Let’s see why he believes so. Quantum Computing Could Break Banks …
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Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.
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