Quantum computing could make Bitcoin and crypto less secure
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A new study from Google Researchers is raising questions about whether quantum computing will hamper your ability to keep your crypto wallet secure.
Google’s (GOOGL) Craig Gidney, a quantum research scientist, and Sophie Schmieg, a senior staff cryptography engineer, published a blog post on Friday showing a quantum computer could potentially break RSA encryption — the public-key encryption algorithm used to secure data such as for cryptocurrencies — with 20 times fewer quantum resources than they previously believed.
The researchers said the 20x improvement from a 2019 estimate comes from “better algorithms and better…
