Quantum Threat to Crypto Is Closer Than Earlier Estimates Suggested
Photo: ETHNews
Europol says crypto wallets are a major point of vulnerability to future quantum computers. Google researchers lowered the estimated hardware needed to attack Bitcoin’s cryptography. No quantum computer can break a Bitcoin or Ethereum key today. Bitcoin and Ethereum developers are already drafting migration plans. Europol published two reports on October 7 warning that future quantum computers could compromise the cryptography protecting cryptocurrency wallets, and urged organizations to begin preparing now even though nobody can say when such a machine will exist.
Source: ETHNews
