As reported by Bijié Wǎng, Chainalysis has warned that quantum computers capable of breaking Bitcoin's elliptic curve encryption could emerge within 10 to 15 years. The report cites Google's recent quantum processor, which operates thousands of times faster than traditional supercomputers, as an example of rapid progress. Analysts noted that the gap is closing faster than expected, with Shor's algorithm potentially enabling the derivation of private keys from exposed public keys. The industry is exploring post-quantum encryption solutions such as CRYSTALS-Kyber and Dilithium, as well as hybrid methods for blockchain security upgrades.
Chainalysis Warns Quantum Computing Could Threaten Bitcoin in 15 Years
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