The latest research from a top crypto institution shows that a "cryptographically relevant quantum computer" (CRQC), capable of breaking current public-key encryption systems, is highly unlikely to emerge before 2030.
In other words, concerns about quantum computers breaking blockchain encryption are unnecessary—at least for the next decade. The report states that although quantum technology is indeed advancing, reaching the computational power required to truly threaten current cryptographic standards involves technical barriers and time costs far beyond expectations.
That said, preparing quantum-resistant encryption solutions in advance is certainly the right move; there’s just no need to overstate the urgency.
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The latest research from a top crypto institution shows that a "cryptographically relevant quantum computer" (CRQC), capable of breaking current public-key encryption systems, is highly unlikely to emerge before 2030.
In other words, concerns about quantum computers breaking blockchain encryption are unnecessary—at least for the next decade. The report states that although quantum technology is indeed advancing, reaching the computational power required to truly threaten current cryptographic standards involves technical barriers and time costs far beyond expectations.
That said, preparing quantum-resistant encryption solutions in advance is certainly the right move; there’s just no need to overstate the urgency.