The $7 Billion Race to Save Crypto From Quantum Computers
Despite the rumors and fear-mongering, Quantum computers are still years away from threatening today’s financial systems. But the cost of preparing for them is already becoming real In March, Google researchers estimated that a sufficiently advanced quantum computer could break widely used 256-bit elliptic-curve cryptography in minutes. This is the same level of cryptography used The post The $7 Billion Race to Save Crypto From Quantum Computers appeared first on BeInCrypto.
Key Takeaways
- Despite the rumors and fear-mongering, Quantum computers are still years away from threatening today’s financial systems.
- But the cost of preparing for them is already becoming real In March, Google researchers estimated that a sufficiently advanced quantum computer could break widely used 256-bit elliptic-curve cryptography in minutes.
- This is the same level of cryptography used The post The $7 Billion Race to Save Crypto From Quantum Computers appeared first on BeInCrypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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