The quantum computing threat to Bitcoin may be more urgent than some think, according to Solana co-founder Anatoly Yakovenko.

Cofounder of Solana cautions that Bitcoin will have a 50/50 probability of quantum risk in 2030, and must urgently move to quantum-resistant signature schemes.

Solana co-founder Anatoly Yakovenko recently predicted a “50/50” chance of a quantum computing breakthrough by 2030 and urged the Bitcoin community to accelerate its security efforts.

Bitcoin relies on several algorithms to secure the coin from theft. Prominent among these is the Elliptic Curve Digital Signature Algorithm (ECDSA). An ECDSA employs asymmetric encryption to generate ...

Is quantum Bitcoin hacking here? Bitcoin was built on the principle that once funds are secured by a private key, only the ...

Other experts in the crypto community, such as Adam Back and Peter Todd, are less convinced of the near-term threat.

El Salvador transferred more than $678 million worth of Bitcoin into several wallets for security purposes. The government moved approximately 6,274 BTC from a single national address into 14 separate ...

According to one of the world’s leading cryptographers, Bitcoin’s elliptic curve could have a secret backdoor, invalidating all underlying security. A Bitcoin public key is created by applying ...

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The recent Project Eleven bounty for quantum computers cracking cryptographic keys is a joke. It provides no serious incentive at all. Recently, Project Eleven (a quantum computing research group) ...