Crypto industry may be running out of time to prepare for quantum attacks
Google’s latest research suggests the cryptocurrency industry may have less time than expected to prepare for quantum computing. In a whitepaper, Google examines risks to elliptic curve cryptography, the system securing most blockchain networks. The researchers revisit earlier assumptions about how difficult it would be for a quantum computer to break these protections, concluding that the required resources may be lower than previously estimated. “To share this research responsibly, we engaged with the U.S. government … More
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