Vitalik Buterin Warns Quantum Computers Could Break Bitcoin Encryption by 2028

Quantum computers pose a significant threat to Bitcoin and Ethereum cryptography, potentially breaking elliptic curve encryption as early as 2028, according to Ethereum co-founder Vitalik Buterin. Developers must prepare by upgrading to post-quantum algorithms to safeguard wallets and transactions from Shor’s algorithm attacks. Vitalik Buterin warns elliptic curves securing major blockchains will fail against quantum […]

Source: https://en.coinotag.com/vitalik-buterin-warns-quantum-computers-could-break-bitcoin-encryption-by-2028