Is Quantum Computing a Threat to Bitcoin? You Can Get Paid to Break Its Encryption

Retrieved on: 2025-04-18 08:22:06

Tags for this article:

Cryptocurrencies

Cryptography

Quantum cryptography

Public-key cryptography

Quantum computing

Elliptic-curve cryptography

Post-quantum cryptography

Click the tags to see associated articles and topics

Is Quantum Computing a Threat to Bitcoin? You Can Get Paid to Break Its Encryption. View article details on hiswai:

Summary

The article discusses the potential threat of quantum computing to blockchain's elliptic curve cryptography and Bitcoin security. It highlights Project 11's initiative to test this vulnerability using a quantum computer, linking the key concept of 'Generative AI Models' to the impact of quantum systems on advanced cryptographic methods, integral to cryptocurrencies and blockchain technology.

Article found on: decrypt.co

View Original Article