Key Takeaways
Yuichiro Chino / Getty Images
Your Bitcoin might one day be vulnerable to hackers.
New research shows how a quantum computer could break the encryption of cryptocurrencies.
“Classical computers can guess weak keys while quantum computers can simply calculate them.
Yuichiro Chino / Getty Images
Scientists also devised a method to reduce the physical size of quantum computers.
Coin ownership records are stored in a computerized database using strong cryptography.
State-of-the-art quantum computers today only have 50-100 qubits, Webber said.
Pascal Bernardon / Unsplash
It is simply not an immediate threat.”
