Image: Calcali TechQuantum computers are coming for crypto. The industry is racing to prepare
• Blockchain networks are facing an existential threat as quantum computing advances may soon allow attackers to break the decades-old cryptography securing cryptocurrencies. • Google research indicates that quantum computers capable of breaking encryption could arrive by 2029, significantly shortening the previously expected decade-long timeline. • This acceleration is attributed to rapid progress in quantum systems and breakthroughs in artificial intelligence, as noted by research from Google and Citigroup.
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