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The U.S. Securities and Exchange Commission (SEC) is reading a plan to keep Bitcoin, Ethereum, and other crypto safe if super-fast quantum computers show up one day. SEC Urged to Prepare for Cryptography Meltdown The 74-page Post-Quantum Financial Infrastructure Framework (PQFIF) plan was sent Sept. 3. It says today’s cryptography could break later when computers … Read more
Despite Microsoft’s breakthrough million-qubit quantum computer design, a former Google Europe veteran asserts that Bitcoin’s cryptography remains fundamentally secure for the foreseeable future. Quantum Threat to Bitcoin Overblown, Mathematical Reality Prevails According to Graham Cooke, a former Google veteran and the CEO of Brava, Microsoft’s development of “topological qubits,” touted for exceptional stability, promises machines … Read more
Researchers said it was the first time a quantum computer “posed a real and substantial threat” to encryption, but multiple limitations still hamper a full-scale hack. Go to Source