- β’
The quantum threat timeline has moved to 2029 - A new Google white paper, co-authored by Ethereum's Justin Drake and Stanford's Dan Boneh, suggests that quantum computers could break elliptic curve cryptography within just three years.
βthat deadline is now three years away, at least according to this Google paper. So that's 2029.β
- β’
New research lowers the qubit threshold by 50x - Oratomic has published research demonstrating that Shorβs algorithm can be executed with only 10,000 reconfigurable atomic qubits, a massive reduction from previous estimates of millions.
βwe see that we can actually do things with as few as 10,000 qubits using novel approaches to the error correction... it's actually a factor of 50, even relative to this recent result.β
- β’
Quantum vulnerability extends across the entire crypto ecosystem - The threat is not limited to Bitcoinβs public keys; it explicitly affects stablecoins, zero-knowledge proof systems, and Layer 2 data availability solutions.
βIn addition to Bitcoin... they talk about things like stable coins... even systems like zero-knowledge proof systems or data availability systems for layer 2s, all of those are covered and explicitly the vulnerabilities to a quantum computer are described.β
