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#Bitcoin quantum threat

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Nine Blockchain Groups Unite to Tackle Looming Quantum Threat to Bitcoin
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Nine Blockchain Groups Unite to Tackle Looming Quantum Threat to Bitcoin

Key Highlights: The Quantum Alliance estimates that between 6.04 million and 6.4 million Bitcoin—roughly 30% of the total supply, including Satoshi Nakamoto’s estimated 1.1 million BTC—are exposed to potential quantum vulnerabilities. Google Quantum AI announced a major breakthrough with its Willow processor, using “magic state cultivation” to cut quantum errors by a factor of 40 ...

Crypto Researchers Halve Bitcoin and Ethereum Quantum Attack Estimates
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Crypto Researchers Halve Bitcoin and Ethereum Quantum Attack Estimates

Researchers Optimize Key Calculation in Shor’s Algorithm, Advancing Quantum Threat to Bitcoin and Ethereum A collaborative research effort has significantly optimized point addition—a core calculation repeated within Shor’s algorithm—potentially reducing the quantum computing resources needed to break the elliptic curve cryptography securing Bitcoin and Ethereum. How Shor’s Algorithm Threatens Blockchain Security Shor’s algorithm is the ...