Google's Quantum Advances Could Make Breaking Encryption 20 Times Easier

TL;DR Summary
Google's latest research indicates that quantum computers could break RSA encryption 20 times faster than previously thought, raising concerns about the security of Bitcoin and other cryptographic systems. While current quantum computers are far from capable of such tasks, the findings accelerate the timeline for potential quantum threats, prompting the crypto community to develop quantum-resistant solutions. A Bitcoin bounty has been launched to test quantum vulnerabilities, highlighting the urgency of preparing for a post-quantum cryptographic era.
Topics:business#bitcoin-security#cryptography#google-research#quantum-computing#rsa-encryption#technology
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- Cracking Bitcoin-Like Encryption Through Quantum Computing Could be 20x Easier Than Thought CoinDesk
- Breaking encryption with a quantum computer just got 20 times easier New Scientist
- Google’s Quantum Breakthrough Could Break Encryption—Q-Day Is No Longer Sci-Fi TipRanks
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