- Quantum computers that crack Bitcoin cryptography may roll out in 10 years.
- Users’ crypto is still safe today, say experts.
- Network operators must respond to the threat quickly, specialists warn.
Nine minutes is all it would take for a quantum computer to break the cryptographic algorithms that protect crypto transactions, say researchers from Google, Stanford University, and the Ethereum Foundation.
But while experts say crypto owners don’t need to press the panic button yet, they warn the crypto sector that failing to rise to the challenge could spell disaster.
“Users’ assets are safe today,” Michael Heinrich, CEO of the blockchain and AI firm 0G Labs, told DL News. “But the industry needs to wake up. The danger isn’t quantum…
