Ethereum

Quantum

Coin

<ul class="news-points"> 
 <li>Vitalik Buterin proposes a recovery hard fork that could protect users from the potential risks of quantum computers.</li> 
 <li>Buterin asserts that the possible availability of quantum computers poses potential risks of users losing their funds.</li> 
 <li>In the hard fork event, users are requested to download a new software wallet to implement this backup plan.</li> 
</ul> 
<a href="https://coinedition.com/what-is-ethereum-complete-guide-to-the-2nd-largest-blockchain-project/">Ethereum</a> founder Vitalik Buterin declared that the blockchain ecosystem is already prepared to confront potential quantum attacks through a “recovery fork.” In a recent blog <a href="https://ethresear.ch/t/how-to-hard-fork-to-save-most-users-funds-in-a-quantum-emergency/18901" target="_blank" rel="nofollow">post,</a> Buterin shared insights on the possible availability of quantum computers in the near future, which poses potential risks as hackers would have access to the devices. 
While such a scenario poses the risk of users losing their funds through unauthorized access and exploits, Buterin asserted that Ethereum is immune to it. He stated, “I argue that actually, we are already well-positioned to make a pretty simple recovery fork to deal with such a situation.” 
Colin Wu, a Chinese crypto researcher, recently shared an X post on his Wu Blockchain page, shedding light on Buterin’s insights. He highlighted that the infrastructure for such a …
The post <a href="https://coinedition.com/ethereum-founder-proposes-recovery-fork-to-confront-quantum-attacks/">Ethereum Founder Proposes Recovery Fork to Confront Quantum Attacks</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ethereum Founder Proposes Recovery Fork to Confront Quantum Attacks

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