Alice & Bob unveil quantum model reducing hardware to break Bitcoin keys by 17x
CIE News ·
Based on reporting by CoinDesk; not yet independently confirmed.
Alice & Bob reported a new quantum computing model that reduces hardware requirements to break Bitcoin keys by 17 times, according to CoinDesk.
Alice & Bob developed a new quantum computing model that cuts the hardware resources needed to attempt to break Bitcoin (BTC) keys by 17 times, according to CoinDesk. The announcement stated that the development brings the potential for breaking cryptographic keys closer to reality. CoinDesk reported that the advancement increases pressure on the cryptocurrency industry to adopt quantum-resistant security measures.
Key facts
- Alice & Bob
- 17x hardware reduction
- Bitcoin (BTC) keys