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Can Bitcoin Survive Quantum Computers?

From cryptobriefing.com

Quantum computers have arrived, and new models are introduced every year. Most recently, IBM demonstrated a brand new model at this year’s Consumer Electronics Show. Most quantum computing research is currently limited to academic institutions and major corporations, but the technology will become more widely available in the not-so-distant future. But it isn’t all good news: quantum computers pose a serious threat to most modern cryptography. Because they are extremely powerful, quantum computers will eventually be able to break many encryption schemes that are currently in widespread use. Cryptocurrency is at risk ... (full story)

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  • Category: Fundamental Analysis