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Showing Tag: "hacking bitcoin wallets with quantum computers could happen – but cryptographers are racing to build a workaround" (Show all posts)

Hacking bitcoin wallets with quantum computers could happen – but cryptographers are racing to build a workaround

Posted by MacKenzie Sigalos on Friday, June 11, 2021, In : 848FINACE 

  • Within a decade, quantum computing is expected to be able to hack into cell phones, bank accounts, email addresses and bitcoin wallets.
  • "The National Institute of Science and Technology (NIST) has been working on a new standard for encryption for the future that's quantum proof," said Fred Thiel, CEO of cryptocurrency mining specialist Marathon Digital Holdings. 
a man wearing glasses and looking at the camera: Intel's 17-qubit quantum test chip.© Provided by CNBC Intel's 17-qubit quantum test chip.

Stefan Thomas really could have used a quantum computer this year.

The German-b...


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