Decrypting Crypto: Cryptocurrencies and the Quantum Computer Threat
Thanks to Shor’s algorithm, cryptocurrencies will be exceptionally vulnerable to a future quantum computing attack.
April 29, 2022
Thanks to Shor’s algorithm, cryptocurrencies will be exceptionally vulnerable to a future quantum computing attack.
Ever since Peter Shor showed how a quantum computer could factorize large numbers with exponential speedup, it has been known that quantum computers could become a threat to most cryptographic algorithms currently in use.
A decade and more ago, I [Sankar Das Sarma, author] was often asked when I thought a real quantum computer would be built…(It is interesting that I no longer face this question as quantum-computing hype has apparently convinced people that these systems already exist or are just around the corner).
After the Govt’s Big Allocation on Quantum Technologies in 2020, What Next? Read More… + One of the highlights of the 2020 budget was the
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Micius Quantum Prize for 2018 Goes to Peter Shor. Peter Shor, the Morss Professor of Applied Mathematics at MIT, has received the2018 Micius Quantum Prize,
