Why quantum computing isn’t a threat to crypto… yet
Quantum computing still has a long way to go before posing a threat to blockchain technology. Quantum computing has raised concerns about the future of cryptocurrency and blockchain technology in recent years. For example, it is commonly assumed that very sophisticated quantum computers will one day be able to crack present-day encryption, making security a serious concern for users in the blockchain space.The SHA-256 cryptographic protocol used for Bitcoin network security is currently unbreakable by today’s computers. However, experts anticipate that within a decade, quantum computing....
Related News
The founder of Capriole Investments has explained how the Quantum Computing threat to Bitcoin can cause a widespread collapse in trust. Satoshi’s Bitcoin Not The Main Quantum Risk In a new post on X, Capriole Investments founder Charles Edwards has talked about what the real risk of Quantum Computing could be to Bitcoin. “Quantum Computing” […]
Quantum risk has become a recurring stress point in Bitcoin discourse, often framed as an existential threat. The claim usually follows a familiar arc: quantum computing is advancing quickly, cryptography is vulnerable, and Bitcoin isn’t adapting fast enough. Marty Bent doesn’t buy that framing. In his Dec. 14 episode, Bent acknowledged that quantum computing represents […]
Efforts are under way to develop the world’s first operational quantum computers, which will mark a literal quantum leap forward in technology. The Australian quantum computing startup Silicon Quantum Computing revealed Friday that it has constructed the world’s first atomic-scale integrated circuit that will power a new breed of computing machines. While that’s an impressive feat […]
Analysts at investment research firm Bernstein are pushing back against growing fears that quantum computing poses an existential danger to Bitcoin. Concerns about quantum computing breaking Bitcoin’s cryptography have grown following recent findings from Google researchers. Bernstein analysts, however, say the quantum threat is only a technical challenge that the network can adapt to over […]
A new position paper from the Coinbase Independent Advisory Board on Quantum Computing and Blockchain argues that crypto’s quantum threat is not immediate, but the migration work can no longer be treated as a distant problem. The report’s core message is straightforward: Bitcoin, Ethereum and the broader blockchain sector should be building post-quantum roadmaps now, […]