Quantum achievements may break Bitcoin encryption by 2030
The development of quantum technologies increases the threat to the security of Bitcoin and all cryptography.
David Carvalho, head of Naoris Protocol, warned that ECC encryption, which underlies Bitcoin, could be cracked within 5-7 years.
A new study by Google showed that it now takes 20 times fewer quantum resources to break RSA.
Experts are calling for a transition to post-quantum cryptography before the so-called 'Q-Day' arrives.