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Can quantum computers break Bitcoin soon?

Quantum computing is developing greatly. This technology can solve the irreplaceable problems even for the most powerful classic computers. As these developments accelerate, the risk of Bitcoin security rises in the minute.

In a conversation with Beincrypto, David Carvalho, CEO of Naoris Protocol, explained that quantum computers will one day be able to break the current encryption algorithms, making even the safest safer portable. According to him, this reality was imminent, and the encryption industry should have started to worry about it long ago.

Opening unprecedented mathematical force

Quantitative computing is a pioneering field in technology that harnesses the unique principles of quantum mechanics to face mathematical challenges out of the reach of traditional computers.

While it is still in its development stages, this field is to cancel the lock of solutions to incredibly complex problems, as they do accounts with speeds that current machines cannot match.

These new boundaries are preparing to convert the sectors ranging from medicine to encryption. As a result, it is also very bad news for Bitcoin and the encryption industry as a whole.

How to put quantum computing to the current encryption?

The quantum computing is a major threat to current encryption methods by solving complex mathematical problems efficiently that support its security.

Modern public key encryption, including RSA encoding and elliptical curved encryption (ECC)-used by Bitcoin-in extreme difficulty in classic computers to solve these problems.

The Shor algorithm, developed by the American computer world, Peter Shore, is a major threat because it can be efficiently solved by the complex mathematical problems that support these modern encryption methods.

This means that a strong quantum computer that operates the Shor algorithm can quickly discover hidden numbers that protect RSA or break the complex accounts used in ECC.

“It is not only Bitcoin. Ethereum and most Blockchains today depends on ellian encryption (ECC), and the quantity will destroy it. It is simply mathematics. Anything depends on encryption is at risk – institutions, military, banks, name. Beincrypto.

Although quantum computers today cannot break the current encryption, this threat may become a reality during the next decade.

The race with time: securing the future of bitcoin

According to experts such as Carvalho, the development of quantitative coding is very important for Bitcoin survival in the post -quarter world. This goal should be a top priority for the industry, because time is the essence.

Experts predict that “Q-Day”-today, quantum computers can divide the current encryption algorithms-will come during the next seventy-five years, but it may be urgent. Some even think it is already here, and we do not know that yet.

Osmen may already collect the current data, and plan to use it for attacks as soon as the quantum computing is available.

“The worst thing in quantum attacks is that it is retroactively. So every transaction has ever recorded on Blockchain Bitcoin is at risk of risk, regardless of this occurring, and this data is available to the bad parties of the harvest now. You can bet on this exactly what they do in preparing when the quantum technology is sophisticated enough to break Bitcoin.”

When time arrives, if the bitcoin user is kept in cold storage it will not be important. As for Carvalho, securing every knot, treatment and device is the only solution to protect it from these losses.

He said: “The only way to protect from this is to move to post -quarter encryption, which means upgrading all signing algorithms at the protocol level, which makes them unsuccessful through quantum attacks. This is possible, but it must happen now, not in the distant future.”

This reality will also extend to other corners of society. Industries, such as global banking services, safe communications, and other critical infrastructure, will also be affected.

Beyond Bitcoin: a global security threat?

While Bitcoin’s threat is a prominent concern, the effect of quantum computing extends further, which is a fundamental danger on almost all aspects of digital security.

“Quantum has the ability to break all encryption everywhere at the same time. This includes banking services, safe communications, everything. It is a national security problem, the issue of financial stability, and most of all, the issue of confidence. The organizations that record crying data today already have the means of deciphering tomorrow – it only awaits the quantity capabilities to maturity.”

In global banking services, quantum computers can weaken financial transactions, which leads to fraud, theft and collapse of confidence, especially as it can be deciphered as the financial data collected later.

For safe communications such as HTTPS, VPNS and e -mail, quantum attacks can enable private messages, relieve identities, and undermine privacy. Likewise, critical infrastructure such as energy networks and transportation systems face the risk of catastrophic electronic attacks if their encryption is broken.

Tight window

Carvalho stressed that although there is still time to work, this window is less later today. But once Q-Day arrives, there will be no return. There will be no way to protect digital systems retroactively.

He said: “The quantitative threat to encryption is now urgent, and we have no time to waste. We cannot wait for regulations or rely on interactive responses. It will not work.”

This is particularly applied to industries such as Crypto, which depend exclusively on these digital systems.

“The web3 ecosystem must be aware, in particular, because it is completely digital. It is also progressive, and therefore must lead the way to innovate cyber security, and the flexibility in quantum attacks is the field of cybersecurity that really concerns now,” and concluded Carvalho.

How the sector is preparing for this imminent moment that will be of utmost importance to its survival.

Disintegration

With the guidance of the confidence project, this article displays the views and views of industry or individuals experts. Beincrypto is devoted to transparent reports, but the opinions expressed in this article do not necessarily reflect the views of Beincrypto or their employees. Readers must independently verify information and consult with a professional before making decisions based on this content. Please note that the terms, conditions, privacy policy have been updated and the evacuation of responsibility.

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