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Quantum Researchers Say 30K Qubits Could Crack Bitcoin Keys in Just One Hour

News.Bitcoin.com
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Quantum Researchers Say 30K Qubits Could Crack Bitcoin Keys in Just One Hour

New research from quantum computing company Alice & Bob suggests that breaking the cryptography protecting the Bitcoin network could require far fewer quantum computing resources than previously believed, adding urgency to efforts to prepare the cryptocurrency for a post-quantum future. Bitcoin’s ‘Q-Day’ Threat Draws Nearer The Paris- and Boston-based company announced Thursday that its researchers […]

Key Takeaways

  1. New research from quantum computing company Alice & Bob suggests that breaking the cryptography protecting the Bitcoin network could require far fewer quantum computing resources than previously believed, adding urgency to efforts to prepare the cryptocurrency for a post-quantum future.
  2. Bitcoin’s ‘Q-Day’ Threat Draws Nearer The Paris- and Boston-based company announced Thursday that its researchers […]
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.