SShortSingh.
Back to feed

New quantum model cuts hardware needed to break bitcoin keys 17-fold

0
·2 views

Researchers at Alice & Bob have developed a new model that substantially lowers the quantum hardware required for a potential attack on bitcoin cryptographic keys. The reduction, reported as roughly 17 times, moves such an attack closer to practical feasibility. The findings add urgency to the push for quantum-resistant security standards in the cryptocurrency ecosystem. Industry participants may therefore face greater pressure to adopt these protections sooner than previously planned. The development was reported by CoinDesk.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
Crypto & Web3CoinDesk ·

Polymarket launches ultra-short crypto Up/Down prediction markets on U.S. platform

Polymarket has introduced new Up/Down crypto contracts that let users bet on very short-term price moves. The launch comes as the Commodity Futures Trading Commission renews its scrutiny of the prediction market's compliance with the terms it agreed to when it onboarded U.S. users in 2022. The article does not detail the specific contract durations or trading mechanics. It also does not state the outcome of the regulator's review or any enforcement action.

0
Crypto & Web3CoinDesk ·

Only One in Five Americans Believe the Financial System Is Secure, Survey Finds

A new survey reports that just one in five Americans considers the country's financial system to be secure. The findings suggest widespread public skepticism toward the stability of traditional financial institutions. The result is presented in the context of the CoinDesk 'Crypto for Advisors' coverage. No further details about the survey's methodology or sample were available in the source text provided.

0
Crypto & Web3CoinDesk ·

Switzerland's First Spot Bitcoin ETF Could Draw Overseas Banks and Brokers

SIX Swiss Exchange has confirmed that international investors and institutions will be able to access Switzerland's first genuine spot bitcoin exchange-traded fund. The regulator FINMA has explained the reasoning behind its approval of the fund. The article also addresses whether comparable spot ether and solana ETFs could be approved in the future. The development could open the product to overseas banks and brokers seeking exposure to bitcoin through a regulated Swiss vehicle.