“breaking most existing cryptography may be possible when the quantum computers have only a few thousand qubits. If the current rate of progress for quantum computers holds, we may be able to reach that in about a decade”

2 comments

  1. mrarjonny - Reply

    This keeps getting brought up.
    Wouldn’t the security strength of bitcoin be the absolute least of our worries once computers become that powerful? The digital security of literally everything will be compromised. If there is computing power that can hack massive corporations, central banks, and governments, I would imagine my paltry little bitcoin hodl will already be worthless anyways as the world spirals into complete anarchy.

  2. Iruwen - Reply

    Satoshi had that in mind, Bitcoin and all other cryptocurrencies can migrate to post-quantum algorithms. It’ll be ready way ahead of quantum computers which are an actual threat.

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