Quantum Computing: With Just Over 2000 Qubits, “You Can Crack Bitcoin”
July 28th, 2018Disclosure: I am long Quantum Resistant Ledger.
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Via: IEEE Spectrum:
In response to an audience question about the future of Bitcoin in the quantum computing era, Troyer pointed out that his group calculated that once a quantum computer can be built with just over 2000 qubits, “you can crack Bitcoin.”
“We joke that then we can fund all of our programming” with Bitcoin, he said.
“If you have a secret today,” Troyer warned the audience, “don’t encrypt it with RSA if you believe quantum computing is coming.”
