Is quantum computing on the verge of hacking cryptocurrencies?
I gave answers in my article Is quantum computing on the verge of hacking cryptocurrencies? in DataCenter-Insider
1 min readMay 26, 2024
the leading specialist publication for IT infrastructure and data centers in Germany!
Highlighting what ‘quantum supremacy’ means for cryptocurrency and crypto mining,
the top three takeaways from my DataCenter-Insider article about quantum computers and cryptocurrencies are:
- The biggest danger to blockchain-based cryptocurrency is a quantum computer’s potential ability to break traditional encryption
- A quantum computer that can decrypt current cryptographic ciphers of blockchains is more than a decade off
- The hazard of such a quantum computer is high enough that the prioritization of the development of post-quantum cryptography for cryptocurrencies is critical
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@Vogel IT-Medien @Riess Consulting