I read a summary of 32 sources in Perplexity today, all reporting that quantum computers could crack the current encryption of crypto by 2030. $BTC (+0,21%) encryption by 2030. That would be really threatening. What do you think? ?
Headline:
Bitcoin faces a critical threat from quantum computers within three years, according to Hunter Beast, author of Bitcoin Improvement Proposal 360. He warns that quantum computers using Shor's algorithm could crack Bitcoin's elliptic curve cryptography by 2028
Summary of Perplexity:
Why it matters
The threat to Bitcoin from quantum computing poses a potentially existential crisis for the $2 trillion cryptocurrency market and the millions of investors, institutions and countries that have adopted digital assets. If quantum computers are able to crack Bitcoin's cryptography within three years, as warned, it could trigger significant financial losses, undermine trust in all blockchain-based systems and jeopardize the broader digital economy, which relies on similar cryptographic protections for banking, communications and security.