Quantum computers could break Bitcoin
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Google's new whitepaper says it could take only minutes for a quantum system to crack Bitcoin.
Google Quantum just cut the qubit requirement to break Bitcoin encryption by 20x, and 6.7 million crypto addresses are in risk.
Google warned that quantum advances could break crypto security sooner than expected, with analysts recommending ‘appropriate urgency.’
Google’s new research potentially puts the entire bitcoin supply – and the very foundation of digital trust – at risk, explains Pruden.