this post was submitted on 28 Oct 2025
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DEF CON 33 - Post Quantum Panic: When Will the Cracking Begin, & Can We Detect it? - K Karagiannis

Due to recently published algorithmic improvements (1399 qubits @ 2048 bit key length for Shor's) and leaps being made in quantum computing hardware (IBM Starling @ 200 logical qubits in 2029, and IBM Blue Jay @ 2000 logical quibits from 2033 and on), encryption is in danger of State-sponsored and high end-criminal attacks as soon as 2030. Particularly susceptible are crypto-currencies like Bitcoin, which rely on the Elliptic Curve Discrete Logarithm Problem (ECDLP) and are attackable by Shor's factoring capability on a predictably feasible quantum computer.

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[–] Mubelotix@jlai.lu 1 points 3 days ago (1 children)

Bitcoin is safer than your bank. There are easy ways to protect your Bitcoin wallet from quantum threats and they have been good practices since before 2015

[–] Themosthighstrange@lemmy.world -3 points 3 days ago (1 children)

Bitcoin set to be worthless in 2030, no wonder time traveller's are already cashing in their bitcoin

[–] Mubelotix@jlai.lu 7 points 3 days ago