Rising concerns around quantum computing’s ability to break blockchain encryption are prompting renewed urgency across the crypto industry, even as experts stress that the threat remains years away from becoming practical.
A new research from Google’s Quantum AI team suggested that breaking the cryptographic systems underpinning networks like Bitcoin (BTC) and Ethereum (ETH) may require fewer resources than previously estimated, lowering the barrier to potential attacks.
Quantum Risk Is A Known Engineering Problem Despite the alarming implications, analysts say the industry has long anticipated such developments.
He warned that the computational threshold required to break encryption has dropped sharply over the past decade, raising the likelihood that vulnerabilities could emerge sooner than anticipated.
This has expanded the potential attack surface, with a significant portion of BTC potentially vulnerable under a future quantum scenario.