Google Research: Safeguarding Cryptocurrency By Disclosing Quantum Vulnerabilities Responsibly

> Google Research in a new whitepaper has revealed that future quantum computers may break the elliptic curve cryptography protecting cryptocurrency with fewer qubits than estimated.

> Breaking ECDLP-256 now requires <1,200 logical qubits & 90M Toffoli gates (or ~500,000 physical qubits), a 20x reduction in resource requirements.

> “While viable solutions like PQC exist, they will take time to implement, bringing increasing urgency to act.”

Whitepaper: https://quantumai.google/static/s...

Source: https://research.google/blog/safe...
_
〽️ Crypto Pulse 👉 @degendaoinfo #crypto