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Mmastodon SciencePhysics first seen 10 h ago, last 41 min ago, peak #7

Quantum computing seen as risk to crypto wallets, not blockchains

Original: This report about quantum and cryptocurrencies has also a general warning for other systems, "In summary, the primary qu

A report on quantum computing and cryptocurrencies is drawing attention for its assessment that the main quantum threat lies in public-key cryptography protecting wallets, while blockchains themselves remain secure because they rely on hash functions. The finding is being shared as a broader warning for other systems that depend on public-key cryptography.

Why now: Growing concern over quantum computing's future ability to break widely used encryption is prompting people to share analyses of which systems are vulnerable.

quantum computingcryptocurrencypublic-key cryptographyblockchain

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