Analyst Warns of Quantum Risk to Bitcoin – Best Crypto to Buy Now Instead
By: cryptosheadlines|2025/05/02 19:45:01
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Things are pretty much on the upside for Bitcoin currently. The world’s largest crypto has crossed the $97K resistance, giving people hope that it could cross the $100K level within the next few days.But a quantum threat still looms around Bitcoin, according to analyst Alex Thorn, head of research at Galaxy Digital.His worry comes from the emergence of quantum technology’s fast computing attributes. Sharing his thoughts on X, he said that it is a bigger threat to Bitcoin than people realize.quantum is a bigger threat than people realizeand the options to fix it for bitcoin specifically are worse than people realize— Alex Thorn (@intangiblecoins) April 29, 2025He further stated that it won’t only be Bitcoin that could face the impact of this, but also all cryptos that rely on public key cryptography.While the statement hasn’t had a direct impact on Bitcoin right now, the fact that not many are talking about it is precisely the reason to be worried. The lack of safeguards could lead to massive losses to BTC, despite how bullish the market becomes.Therefore, it could be the right time to find the best crypto to buy now as a hedge against security threats.Bitcoin Warning Was First Issued After MicroSoft’s Quantum Computing BreakthroughAlex Thorn’s statements become less surprising when one realizes that the threat was once highlighted after Microsoft’s breakthrough.The update in question is Majorana 1, which is a new chip that was unveiled in February of this year by Microsoft, which showed that it could potentially enable millions of qubits on a single chip.Powered by topological superconductivity, which is a new state of matter, Majorana 1’s arrival means quantum computers are one step closer to running at stable states.Investment firm River was the first to point out the threat it could pose to Bitcoin, as the update has now shortened the timeline to make Bitcoin quantum-resistant.“When run for several days to weeks, a 1-million qubit QC could potentially crack Bitcoin addresses via long-range attack,” River said.If hundreds of millions of qubits end up being achieved, 5.9 million BTC will be at immediate risk.Other than Majorana 1, Google’s new Willow chip has also caused similar concerns.While the arrival of quantum computing is worrisome, it would also push the blockchain industry to move forward with a more utility-centric direction. That’s why finding and investing in cryptos that could stay ahead of the curve thanks to their unique perks is a good decision.Best Crypto to Buy Now – Smart Investor Picks For Those Looking For SecuritySince getting ahead of any security threats should be considered when making investment decisions, the following options could be considered the best right now.SUBBDSUBBD is a content creation platform on the blockchain with a high focus on security. Following in the footsteps of OnlyFans—but within a Web3 ecosystem—SUBBD offers everything to address the shortcomings of a Web2 content creation ecosystem.For one, the content creators on SUBBD won’t have to worry about losing 70% of their earnings thanks to instant blockchain payments. Secondly, there are AI tools in place that provide creators with both security and tools to generate better content.A mix of traditional and decentralized security features has also been put forward by this ecosystem. One of the most innovative is how it deters illegal sharing by turning it into a revenue-generating mechanic—those who share content legally through the platform can earn a portion of that content’s revenue.This reward-like approach will likely bolster loyalty among fans. Other facilities that SUBBD provides include exclusive perks, staking rewards, and VIP access to special content.Focus on fan-creator collaboration is also high for this project, and it has raised close to $300K already.SolaxySolaxy is a utility crypto that stays ahead of security threats by focusing on Ethereum’s security features. That is, it provides an L2 solution for the Solana blockchain while also adopting ETH’s perks so that user assets remain safe.Thanks to its commitment to an L2 solution for Solana, Solaxy has adopted technologies such as Celestia, Hyperlane, and ZK roll-ups to make Solana more scalable, efficient, and faster.Furthermore, unlike other projects that only discuss utility at a skin-deep level, Solaxy has actually made some headway—introducing its own blockchain explorer recently.Experts at the prominent cryptocurrency analyst YouTube channel, 99Bitcoins, have already called it one of the best crypto presales to invest in.Additionally, thanks to its focus on unique memes, it has an essence of virality that could give the token an extra boost in the future.Best Wallet TokenBest Wallet Token is a purely utility crypto powering a secure cryptocurrency wallet known as Best Wallet, which has a robust take on security that combines accessibility and protection.Blockchain heavyweight Fireblocks has been roped in to provide security on Best Wallet, which means users’ assets will remain protected, and it will also ensure that users don’t have to go through many hoops just to access their holdings.In simple terms, Best Wallet does away with the old tech that involves passphrases and instead chooses a simple 2FA method. While it may not stand strong against the threat of quantum computing right now, considering Best Wallet Token is a DAO asset, technologies could develop in the future to make it quantum-resistant.Additional perks that Best Wallet Token offers include a token launchpad that lets investors pick crypto ICOs early, staking, portfolio management, and market insights.Best Wallet also acts like a mini CEX but without any centralized control. That is, it lets users buy and sell cryptocurrencies using fiat easily.The Best Wallet Token could further enhance these features, which is why it has raised upwards of $12 million to date.Final WordsWhile the quantum threat to crypto will only come to pass after a functional quantum computing system is finally built, it won’t be wrong to stay ahead and load up on assets that could have better security features.Therefore, the items added in this article’s “best crypto to buy now” list focus on security features that could safeguard investors from future threats.Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.Source link
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