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16.04.2025 22:05:00

1 Emerging Risk to Solana That Could Be Devastating for Holders

Solana (CRYPTO: SOL) holders are no stranger to risk, given the coin's wild volatility and its occasional use by unsavory characters. With such a risky profile to begin with, investors need to be on the lookout for new threats emerging that might make its balance of risk to reward somewhat less favorable.On that note, there's one critical risk that's now becoming apparent. There is no guarantee it'll become a real problem, but if it does, the result for shareholders could be disastrous. Here's what you need to know.You've probably heard at least in passing that quantum computers will be a big deal someday because, in theory, they will be capable of breaking encryption schemes that are unapproachable with the power of classical computers that we use every day. While the best estimates for when quantum computers will be advanced enough for that to happen suggest that they probably won't be powerful enough to pose a threat for roughly 10 years, for cryptocurrency investors in particular, the issue is quite pressing. If a hacker equipped with a quantum computer were to compromise the encryption of a chain like Solana, they could steal funds, fake transactions, and wreak havoc that'd doubtlessly result in investors losing vast sums of their money.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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