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Competing Cryptocurrencies Respond to Quantum Computing Threats

The Motley Fool +1 · ·by G4L

BTC
BTC Grayscale Bitcoin Mini Trust ETF
$33.05 -1.34%
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  1. 1More than 34% of all Bitcoin has been identified as vulnerable to quantum attacks.
  2. 2Starting November 5, Zcash will process 60% of the crypto transaction fees per block that are excluded from circulation.
  3. 3As of November 4, Ethereum, Solana, or Zcash are competing at a scale reaching 20% of Bitcoin's market capitalization.

So what's the key point?

A problem has emerged that more than 34% of Bitcoin is vulnerable to quantum attacks. Ethereum, Solana, and Zcash are competing at a scale that reaches 20% of Bitcoin's market capitalization.

Source The Motley Fool +1 · View original ↗

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