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New Quantum Model Slashes Hardware Needed to Break Bitcoin Keys by 17 Times

Alice & Bob estimates 30,000 physical qubits could break Bitcoin keys in about an hour, far below Google's March estimate of under 500,000.

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Coin Desk

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New quantum model slashes hardware needed to break bitcoin keys by 17 times

2 hours ago·New York, United States

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Bitcoin.com

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BITRSS

Quantum Researchers Say 30K Qubits Could Crack Bitcoin Keys in Just One Hour

New research from quantum computing company Alice & Bob suggests that breaking the cryptography protecting the Bitcoin network could require far fewer quantum computing resources than previously believed, adding urgency to efforts to prepare the cryptocurrency for a post-quantum future. Bitcoin’s ‘Q-Day’ Threat Draws Nearer The Paris- and Boston-based company announced Thursday that its researchers […]

1 hour ago

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DiarioBitcoin

Alice & Bob Estimates that 30,000 Cubits Could Threaten Bitcoin Keys

An estimate by Alice & Bob reduces to about 30,000 the physical cubits that, in a theoretical scenario, would suffice to derive a private Bitcoin key in just over an hour. Although that computer does not yet exist, the result puts the focus on the time the network would need to coordinate a transition to firms resistant to quantum computing.

2 hours ago

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