Watch Out Bitcoin: Cryptography-Breaking Quantum Computers May Be Closer Than Expected, Says Caltech
Research suggests fault-tolerant quantum machines could arrive sooner than expected, posing a threat to Bitcoin and Ethereum cryptography.
There is a potential dark side to quantum computing, one that is a threat to how we secure data. Back in 1994, Peter Shor developed an algorithm for factoring large numbers using a quantum computer, ...
However, it is not necessary to use fancy quantum cryptography technology such as entanglement to avoid the looming quantum ...
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Study: 10,000 qubits could crack key encryption sooner than expected
Researchers affiliated with Caltech and the quantum computing startup Oratomic have published a preprint claiming that Shor’s ...
At the same time, a March 2026 preprint from a Caltech–Berkeley–Oratomic collaboration explores what might be possible using ...
Ahead of schedule, Metaculus now predicts that quantum computers could factor an RSA number using Shor's algorithm by 2034. This is almost 20 years sooner than the previous forecast of 2052. These ...
The clock is ticking on cryptocurrency.
As technological advancements surge forward, the specter of quantum computing looms ever larger. While the promise of quantum computers holds the potential to revolutionize fields like weather ...
That doesn't mean that someone can steal your coins tomorrow, but it does mean that the risk posed by quantum computers could ...
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