Quantum computing is emerging as both a potential technological breakthrough and a critical threat to current cryptographic systems. Experts warn that large quantum computers could break most existing encryption protocols within seconds using algorithms like Shor's algorithm, posing a 'store now, decrypt later' risk to cybersecurity. Microsoft is actively addressing this challenge by advancing next-generation cryptography to counter quantum threats. The global community is urged to prepare for the imminent quantum era, as the timeline for quantum computing's impact on encryption and digital assets like Bitcoin is estimated to be within three to ten years. This accelerated timeline highlights the urgency to select and implement effective cryptographic solutions to safeguard digital infrastructure before quantum computing capabilities become widespread.
Quantum Computing will slap you in the face before you know it. 3 years ago people thought AI was 10 years + away. Today, people think QC is 10 years away. Humans are inherently awful at processing exponential curves. Your mind thinks linearly, until it's punched in the face.
Grok gives wildly wrong estimates for the Quantum Computing threat on Bitcoin, likely informed by the weighted amount of bs across the internet from people who haven't spent any time to actually investigate this matter. It's 3-10 years away maximum.
Quantum Computing is Bitcoin's biggest existential threat. We have a 12 month lead-time to solve it, once a solution has been selected. Which are we choosing? https://t.co/fxUHoZBCZV