🚨 A team of Chinese researchers has managed to break a cryptographic lock that until now remained intact. And the most concerning part is that they did it with an average quantum computer, without using any new special equipment.
📣 Although they are still far from being able to break the cryptography that makes your communications, financial transactions, or email accounts secure, the possibility of quantum computers deciphering all current security systems, including those protecting Bitcoin and other cryptocurrencies, is a significant step towards the dreaded Q-day, the moment when quantum computers will be able to instantly decrypt all current security systems.
🥁 The threat lies in the fact that if a quantum computer can break RSA keys—the Rivest-Shamir-Adleman algorithm, a widely used public key cryptosystem that is the foundation of internet security—there will be no secure system.
🌟 China or any other country or organization with a quantum computer could access cryptocurrency wallets, bank accounts, or encrypted data, opening the possibility for the destruction of trillions of euros, not to mention access to military secrets.
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