Daily Archives: December 22, 2020
Here’s Why Quantum Computing Will Not Break Cryptocurrencies
There’s a lurking fear in cryptocurrency communities about quantum computing. Could it break cryptocurrencies and the encryption that protects them? How close might that be? Do the headlines around “quantum supremacy” mean that my private keys are at risk?
The simple answer: no. But let’s dive deeper into this phenomenon and really try to understand why this is the case and how quantum computing will interact with cryptocurrencies. Read More