Bitcoin and quantum computing

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John Clark

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May 28, 2025, 3:41:24 PM5/28/25
to ExI Chat, 'Brent Meeker' via Everything List
In 2012 it was estimated it would take a quantum computer one billion noisy physical quantum qubits to break 2048 bit RSA encryption. In 2019 that number was reduced to 20 million. Just one week ago a paper was published showing that a quantum computer would only need one million noisy physical qubits. Bitcoin uses elliptic curve cryptography not RSA but it's vulnerable to the same sort ofquantum attack.



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