As per Bitcoin.com, Nic Carter, partner at Castle Island Ventures, warns that a cryptographically relevant quantum computer (CRQC) capable of breaking Bitcoin’s encryption could emerge by 2035. Carter highlights the rapid growth in quantum computing power and increased private and public investments as key factors supporting this timeline. He also notes that government agencies are already preparing for a quantum future, and Bitcoin could become a target for quantum attacks, potentially causing major disruptions in ownership and price. Carter urges the community to begin addressing these vulnerabilities now, as upgrades may become increasingly difficult to implement in time.
Nic Carter Warns Bitcoin's Quantum Vulnerability Could Emerge by 2035
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