Safeguarding cryptocurrency by disclosing quantum vulnerabilities responsibly

research.google

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We’re exploring a new model for how to elucidate the code breaking capabilities of future quantum computers and outlining steps that should be taken to mitigate their consequences. Google has led the responsible transition to post-quantum cryptography since 2016. In a new whitepaper, we show that future quantum computers may break the elliptic curve cryptography that protects cryptocurrency and other systems with fewer qubits and gates than previously realized. We want to raise awareness on this issue