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Google Quantum Research Puts Bitcoin Supply at Risk
CoinDesk·
New research from Google Quantum AI suggests a quantum computer could derive a Bitcoin private key from a public key in under ten minutes, potentially hijacking live transactions. This significantly accelerates previous estimates for quantum threats to digital assets, moving the timeline from years to potentially immediate. The findings challenge the long-held industry belief that quantum threats were a distant concern, emphasizing the urgent need for network upgrades to new cryptography. This breakthrough, combined with parallel advancements in other quantum hardware, indicates a compounding progress loop that makes the threat more imminent than previously understood.
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CoinDesk — coindesk.com