Google researcher warns Bitcoin encryption could fall to quantum computing, study shows quantum computers need fewer qubits to break crypto security
A new study from Google’s Quantum AI team has raised alarms about the future of Bitcoin’s encryption. Researcher Craig Gidney revealed that quantum computers could break 2048-bit RSA encryption with far fewer resources than previously estimated. While Bitcoin does not use RSA, it relies on elliptic curve cryptography (ECC), which experts warn is also vulnerable …