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Quantum computers could break Bitcoin

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Overview
 · 1d
Quantum computers need vastly fewer resources than thought to break vital encryption
Building a utility-scale quantum computer that can crack one of the most vital cryptosystems—elliptic curves—doesn’t require nearly the resources anticipated just a year or two ago, two independently written whitepapers have concluded.

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 · 1d
Google Finds Quantum Computers Could Break Bitcoin Sooner Than Expected
New Scientist · 17h
The first quantum computer to break encryption is now shockingly close
CoinDesk · 1d
Bitcoin bulls scramble for post-quantum protection as Google drops bombshell paper
New research from Google's Quantum AI team sharply lowers the estimated resources needed for a quantum computer to break bitcoin and Ethereum wallet cryptography, suggesting such machines could arrive...

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Digi Times · 1d
Google flags rising quantum threat to crypto security, urges shift to post-quantum encryption
CoinDesk · 1d
Google warns five quantum attack paths could put $100 billion on Ethereum at risk
14hon MSN

Useful quantum computers could be built with as few as 10,000 qubits, team finds

Quantum computers of the future may be closer to reality thanks to new research from Caltech and Oratomic, a Caltech-linked start-up company. Theorists and experimentalists teamed up to develop a new approach for reducing the errors that riddle today's rudimentary quantum computers.
CoinDesk
1d

A quantum computer may need just 10,000 qubits to empty your crypto wallets, researchers say

The research shows quantum computers may break bitcoin and ether wallet encryption with far fewer qubits than previously thought, accelerating the push toward post-quantum security.
The StarPhoenix on MSN
1d

'Monumental achievement': Groundbreaking computer positions U of S as key player in quantum research

A groundbreaking quantum computer that will be owned and operated by the University of Saskatchewan will position the school as “a unique hub” for quantum innovation across not just Canada but the world,
23h

Is $450B in Bitcoin vulnerable to the quantum threat? Analysts weigh in

Quantum computing fears are back in focus, with one analyst warning Bitcoin may not reach a new high without action from developers.
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