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

Victoria Riess, MBA
1 min readMay 26, 2024
Victoria Riess in DataCenter-Insider

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:

  1. The biggest danger to blockchain-based cryptocurrency is a quantum computer’s potential ability to break traditional encryption
  2. A quantum computer that can decrypt current cryptographic ciphers of blockchains is more than a decade off
  3. 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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Victoria Riess, MBA

Senior Strategy Leader & Digital Board Advisor | WomenTech Global Award | TechWomen100 | Keynote Speaker |