🐋 WHALE WATCH: We need to talk about the Quantum Apocalypse for crypto.


Google new research proves that cracking 256 bit ECC requires significantly fewer resources than we expected. By using a space optimized version of Shor algorithm a quantum computer could potentially bypass wallet security in under 10 minutes.
This puts roughly 1.7 million at rest $BTC and over 20 million $ETH at risk once these machines go live. The industry has a few years to migrate to PQC before the Store Now Decrypt Later attacks become a reality.
The clock is ticking for legacy chains.
BTC2,25%
ETH3,62%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin