Vitalik Buterin Warns: 20% Chance Quantum Computers Break Crypto by 2030 – CoinCentral

Cryptocurrency News and Public Mining Pools

Vitalik Buterin Warns: 20% Chance Quantum Computers Break Crypto by 2030 – CoinCentral

Vitalik Buterin Warns: 20% Chance Quantum Computers Break Crypto by 2030 - CoinCentral

The estimates continue draw closer, and the risk percentage increases. Even a 3% chance requires a solution, and that is likely the risk estimate 2 years out.

This is not a crypto specific issue. This is a worldwide issue.

I learned about this from holding QANX, but I know it's best for the industry if top coins, especially btc, implement solutions quickly to avoid any type of panic.

They are going after completely different markets, and I know btc holders aren't going to rush over to another project even if it truly is being compromised. They would be more likely to exit crypto altogether.

Which is why I can support QANX that had planned for quantum risk, and still want btc to navigate this threat.

They are working on business utility/web3 with their chain. It enables millions of devs to start building, by removing a barrier most projects face- very restricted programming languages that devs have to learn, rather than code in languages they've mastered. But they also recognized that if you don't plan for post-quantum cryptography, it creates some difficult challenges to fork in later.

submitted by /u/Original-Assistant-8
[link] [comments]