Explained
A cybersecurity expert warns that quantum computing could silently break Bitcoin, stockpiling encrypted data today to crack it in the future.
Latest News on Quantum Computing
Quantum computing is an emerging technology that uses phenomena occurring on an atomic level to resolve complex problems that are beyond the realm of classical computers. Forming the core of superconducting quantum processors, this technology has made it possible to deliver chipsets with increasing computing speeds. In fact, by modeling atomic behavior that can only be seen under a powerful microscope, quantum computing has made it possible to solve tasks involving multiple variables.
Quantum computing use cases can be found in everyday applications, such as electric vehicles. It is even helping organizations to solve problems such as the energy challenge facing all of humanity in the backdrop of increasing carbon emissions. Quantum computers are smaller and lighter and require far less energy than classical computing systems while being more resilient, even in adverse external environments. Transforming the way computers work, quantum computing is introducing new efficiencies in how humans live and interact in an increasingly connected world.
- Explained
Quantum computing could enable the reverse engineering of private keys from publicly exposed ones, putting the security of Bitcoin holders at risk.
- Explained
A Bitcoin whale likely moved 80,000 BTC from dormant wallets after alarming OP_RETURN messages were sent across multiple old addresses.
- News
Naoris has launched a $120,000 bounty incentivising researchers to break key cryptographic algorithms underpinning Bitcoin, Ethereum and Solana.
12680 - News
Sui Research’s new quantum-safe wallet upgrade method offers a hard fork-free solution for EdDSA-based blockchains, but does not apply to Bitcoin or Ethereum.
11825 - Interview
A veteran hacker warns how quantum computing could quietly dismantle the cryptography securing Bitcoin and blockchains.
53609 - News
New BIP proposes phasing out legacy Bitcoin signature schemes to prevent catastrophic losses if quantum computers break existing cryptography.
27848 - News
Quantum computing-focused Project Eleven raised $6 million to develop tools like Yellowpages that aim to secure Bitcoin against quantum attacks.
7810 - Opinion
Unless Bitcoin upgrades its core cryptography in the next five years, the trust it has built over 16 years could be wiped out by a single quantum attack. Urgent upgrades are needed to protect the world’s leading cryptocurrency.
16124 - News
Strategy’s Michael Saylor says even if a legitimate quantum computing threat emerged from a tech giant, it won't be released.
4843 - Explained
BlackRock’s quantum computing warning serves as a call to action for the cryptocurrency ecosystem to address the looming challenges.
- Explained
Quantum computing firm Project 11 is offering 1 BTC to anyone who can crack a “toy version” of Bitcoin’s cryptography through quantum computing.
- News
The asset manager added a detailed overview of quantum computing threats to the risk disclosure in its Bitcoin ETF's regulatory filing.
24400 - News
Adam Back suggested that the emergence of quantum computing could force Satoshi Nakamoto to move their Bitcoin to protect it, revealing whether they are alive.
10716 - News
Quantum researchers are offering 1 Bitcoin to whoever cracks the biggest “toy version” of a Bitcoin key using Shor's algorithm on a quantum computer.
12473