STORY · FORSKNING_

Google reveals quantum vulnerabilities in cryptocurrencies – warns of future danger

Google Research publishes responsible disclosure about how quantum computing could threaten the cryptography securing cryptocurrencies today. The disclosure process aims to balance the need to prepare the industry against quantum crime with the risk of creating panic or providing criminals unnecessary information.

WHY IT MATTERS

Quantum computers represent an existential threat to today's encryption – if "harvest now, decrypt later" attacks become possible, today's bitcoin transactions and crypto assets could be at risk. Responsible transparency could push the industry to migrate to post-quantum cryptography before it's too late.

SOURCES

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