It's a tall order. 💻 engineering
A new study reveals whether quantum computers could crack the complex blockchain cryptography that makes Bitcoin possible, and the answer is... complicated.
, a term which refers to the successful achievement of a calculation that it would take thousands of years for a classical computer to achieve.These recent breakthroughs in quantum computing are the reason why a team from the University of Sussex, led by Mark Webber, Ph.D., set out to investigate the requirements one of the machines would need to crack the Bitcoin network.
"This large physical qubit requirement implies that the Bitcoin network will be secure from quantum computing attacks for many years ," Webber wrote While that is assuring for Bitcoin owners, it does also highlight the possibility that huge Bitcoin fortunes could become vulnerable in the not-too-distant future.
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