Think You Know Bitcoin? Here's 1 Little-Known Fact You Can't Overlook.
Is Bitcoin's unchangeable nature a security liability? Here's what you need to know about the largest cryptocurrency's development before jumping to conclusions about its long-term security.
Some cryptocurrency investors worry about data security in the future. Bitcoin (CRYPTO: BTC) owners often tout the largest coin's unchanging qualities as a major selling point. But if Bitcoin's technical platform never changes, how can it meet unexpected challenges and adapt to new security threats? In particular, won't Bitcoin's encryption soon crumble under an assault from quantum computing systems?
So there's something you should know before you write off Bitcoin entirely, or dive into it head first. Bitcoin can have the system stability cake and eat incoming threats too.
Bitcoin is indeed changing over time, and should be safe from quantum computing attacks in the long run. It's just very unlikely to make sudden turns into dangerous or economically unsound moves, such as changing its inflation-proof coin-minting process.
