In accordance with BitcoinWorld, Ethereum co-founder Vitalik Buterin has issued a warning that quantum computing could break blockchain security by 2028, specifically targeting the Elliptic Curve Cryptography (ECC) used by most major blockchains. Buterin emphasized the need for the industry to transition to quantum-resistant cryptographic methods within the next four years to prevent potential security breaches. The warning marks a shift from his earlier stance in 2019, as recent advancements in quantum computing have accelerated the timeline for this threat. Developers are exploring solutions such as lattice-based and hash-based cryptography to address the issue.
Vitalik Buterin Warns Quantum Computing Could Threaten Blockchain Security by 2028
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