Cardano Founder Warns Crypto’s Quantum Threat May Hit Before 2033

Crypto Systems Could Be Outpaced By Quantum Tech By 2033, Says Hoskinson

Crypto may need a major overhaul sooner than most people think. Cardano founder Charles Hoskinson pointed to a specific proposal — Bitcoin Improvement Proposal BIP-361 — as a potential path forward for gradually moving Bitcoin users away from older wallet addresses toward ones built to resist quantum attacks. Speaking at Consensus Miami, Hoskinson said the window to prepare may be closing faster than the industry has assumed. A Deadline The Indu…

Cardano’s Roadmap to Tackle Quantum Future

Input Output, the driving force behind the Cardano blockchain, has recently detailed a forward-looking research agenda designed to bolster the

Cardano Begins Building Quantum Resistant Future With Security Initiative

Cardano strengthens defenses for quantum era with key step.

Cardano Founder Warns Quantum Computing Could Threaten Crypto Before 2033

Cardano founder Charles Hoskinson believes there is more than a 50% chance that quantum computing could become a major threat to the cryptocurrency industry before 2033. Speaking at Consensus Miami, Hoskinson stressed that blockchain networks should begin preparing now instead of waiting for the danger to become immediate. Hoskinson explained that most cryptocurrencies, including Bitcoin and Ethereum, currently rely on elliptic-curve cryptograph…