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\n\t\t\t\t\t\t\t\t\tXRP emerged as the safest option, at least according to ChatGPT’s model. Here’s why. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
A lot was said about quantum computing over the past several years, and although the technology is not fully here yet, many industry experts believe it could be threatening to numerous cryptocurrencies because it uses algorithms like Shor\u2019s to break the public-key cryptography (ECC\/RSA) that secures them.<\/p>\n
A powerful device could, in theory, reverse-engineer private keys from public keys, allowing attackers to steal funds, while Grover\u2019s algorithm could undermine mining security and enable 51% attacks. But which of the top cryptocurrencies are under the biggest threat? Here\u2019s what ChatGPT had to say.<\/p>\n
Bitcoin appears as the most susceptible to the quantum threat as it uses ECDSA, which is directly breakable by Shor\u2019s algorithm. The danger is even greater when it comes to old\/dormant BTC, as they could already be exposed.<\/p>\n
The positive news is that Bitcoin\u2019s proof-of-work is not directly breakable and only signatures are at risk. Additionally, multiple industry participants have launched<\/a> different initiatives to protect the world\u2019s largest blockchain from potential future threats. Binance\u2019s Changpeng Zhao also opined<\/a> recently that \u201cAt a high level, all crypto has to do is upgrade to quantum-resistant algorithms.\u201d<\/p>\n However, he also acknowledged the fact that older and dormant BTC could be a problem, especially the ones stored in Satoshi Nakamoto\u2019s wallet, an estimated one million units.<\/p>\n \u201cIf those coins move, then it means he\/she is still around, which is interesting to know,\u201d he said. However, if they don\u2019t move in a certain period of time, \u201cit might be better to lock or effectively burn those addresses so that they don\u2019t go to the first hacker who cracks it.\u201d<\/p>\n<\/blockquote>\n Google\u2019s recent report indicated<\/a> that quantum could crack the top 1,000 largest Ethereum wallets in just days. ChatGPT noted that ETH could be even more exposed than BTC structurally, as it has a much larger attack surface. All of the niches within its operation \u2013 from smart contracts and DeFi protocols to validators, bridges, and layer-2s.<\/p>\n In fact, the aforementioned report specifically reads that \u201csmart contracts and PoS expand the attack surface.\u201d Similar to the Bitcoin ecosystem, though, prominent names working on Ethereum\u2019s broader development, such as co-founder Vitalik Buterin, recently unveiled<\/a> plans on how to protect the network against the quantum threat.<\/p>\n Although XRP also uses elliptic curve cryptography, which makes it vulnerable, ChatGPT determined that it\u2019s the least exposed out of the three, given its usage model and different architecture. The faster transaction finality results in a smaller attack window. It also relies less on smart contracts, has a lower DeFi complexity, and its validator ecosystem is more controlled. This statement also aligned with what crypto researcher Vet said<\/a> last week.<\/p>\n The XRP Ledger allows multi-signing and flexible key structures, and the general consensus is that it\u2019s easier to implement coordinated upgrades than on Bitcoin, for example.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n\n
Ethereum \u2013 High Exposure, Bigger Attack Surface<\/h2>\n
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XRP \u2013 Least Exposed (Relatively)<\/h2>\n
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