Quantum computing and its looming impact on crypto Written by Haydn Jones, Kroll

Update: 2024-09-15

Description

with its qubits capable of multiple states, quantum computing can solve problems far faster than classical computers. Unsurprisingly, this threatens cryptocurrencies which depend on cryptographic algorithms for security. Potentially, cryptos will need major upgrades, requiring community consensus and possible hard forks in order to adopt these new algorithms. As quantum computing advances, the crypto community must act now to ensure a secure, future-ready ecosystem.

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Quantum computing and its looming impact on crypto Written by Haydn Jones, Kroll

#box-pro-ellipsis-17267492212106{-webkit-line-clamp:2;}Quantum computing and its looming impact on crypto Written by Haydn Jones, Kroll

Quantum computing and its looming impact on crypto Written by Haydn Jones, Kroll

James Tylee / Jonny Fry

Quantum computing and its looming impact on crypto Written by Haydn Jones, Kroll