Opinion: Quantum computing may crack the Bitcoin algorithm within three years
According to ChainCatcher, Quantum Doomsday Clock indicates that quantum computing may break the Bitcoin encryption system on March 8, 2028. Research points out that breaking ECC-256 requires only 1,673 logical quantum bits, while RSA-2048 requires 2,314.
Michael Osborne, CTO of IBM, stated that quantum risks are growing faster than expected, and IBM's Starling project plans to build a fault-tolerant quantum computer by 2029. Solana co-founder Anatoly Yakovenko warned that blockchain networks must migrate to quantum-resistant encryption technologies within five years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Financial Reporting Season for the 3.6 Trillion Giant: A Profitability Test Amidst the AI Arms Race
Tesla, Meta, Netflix, and SpaceX will release their financial reports this week. The market is focused on the massive investments in AI, fluctuations in profit margins, and revenue forecasts, with stock prices influenced by the interplay between expectations and actual results.

Morgan Stanley raises Meta's target price to $820


BUZZ-Steyr Automotive's share price surges due to acquisition offer from Hongmao
