Quantum shock threatens Bitcoin and banks, Google says encryption could break in under a week

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GOOGLE WARNS: QUANTUM COMPUTERS COULD CRACK BITCOIN MUCH FASTER THAN EXPECTED

Google’s latest quantum computing research just blew a hole in old encryption timelines.

It now estimates that a quantum machine with fewer than one million noisy qubits could break 2048-bit RSA encryption in under a week.

That’s 20 times faster than previous forecasts and could impact everything from bank accounts to Bitcoin wallets.

Quantum computers are not ready yet, but they are getting stronger fast.

Crypto may still be safe today, but the race to quantum-proof the system is no longer optional.

Google has already started encrypting Chrome traffic accordingly.

Source: Yahoo