‘Like Y2K’: Will Quantum Computing Be the End of Cryptocurrencies?

…Everything that currently exists right now will need to be retrofitted. And that is a big, big job. It’s a bit trite to say, but… equate it to the whole Y2K issue…

…[W]ith Y2K, we had the benefit of a known date and a known fix. The challenge we have now is that we don’t know when that quantum supremacy will be achieved to break the current RSA encryption.

…The major cornerstones of crypto – Bitcoin and Ethereum – aren’t quantum-proof. How confident are you that they’ll achieve that in the timeframes they need to?

Editor’s Note: Italicized statements are directly quoted from the source. Content may have been edited for style and clarity. Read the full article at the source by clicking on the text or image.