Opinion: Quantum computing could potentially crack Bitcoin's algorithm within three years.

GateNews
BTC0,25%

According to ChainCatcher reports, the Quantum Doomsday Clock indicates that quantum computers could crack Bitcoin’s encryption system by March 8, 2028. Studies suggest that breaking ECC-256 requires only 1,673 logical qubits, while RSA-2048 needs 2,314.

IBM Chief Technology Officer Michael Osborne stated that the growth rate of quantum risk is exceeding expectations, and IBM’s Starling project plans to build a fault-tolerant quantum computer by 2029. Solana co-founder Anatoly Yakovenko warned that blockchain networks must migrate to quantum-resistant encryption technologies within five years.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin bull market index rises to 40 points; Bloomberg: the U.S. and Iran are considering extending the ceasefire agreement by two weeks

Bitcoin’s price as of April 16 is approaching $74,700. The Bullish Sentiment Index (BSI) has risen to 40 points, indicating a rebound in market sentiment. The United States and Iran are evaluating options to extend the current ceasefire agreement, and they are also discussing navigation issues in the Strait of Hormuz, as diplomatic negotiations continue.

MarketWhisper5m ago

Tether Adds $70M Bitcoin Reserve, Increases Holdings to 97,141 BTC

Tether has transferred 951 BTC valued at approximately $70 million to its Bitcoin reserve, increasing its total holdings to 97,141 BTC worth about $7.16 billion. This move aligns with Tether's strategy of investing 15% of operating profits into Bitcoin.

GateNews28m ago

BlackRock Withdraws 3,446 BTC from Major CEX in 8 Hours, Worth $255.2M

BlackRock withdrew 3,446 BTC, worth about $255.2 million, from a major CEX, signaling ongoing institutional accumulation in the Bitcoin market.

GateNews44m ago

BTC 15-minute up 0.46%: spot trading volume expansion and derivatives long position buildup as two drivers

From 2026-04-15 19:30 to 19:45 (UTC), the BTC price fluctuated between 74,706.2 and 75,276.9 USDT. Within 15 minutes, the return reached +0.46%, and the range was 0.76%. Trading activity in the market for this window was active: spot trading volume rose 18% compared with the previous hour’s average. Volatility increased in the short term, and overall market attention improved. The main drivers behind this abnormal move are the short-term amplification of spot market trading volume and the coordinated increase in long positions in the derivatives market. Derivatives futures open interest (Open Interest) during this period, on a month-over-month basis,

GateNews5h ago

BTC Breaks Through 75000 USDT

Gate News bot 消息,Gate 行情显示,BTC 突破 75000 USDT,现价 75000 USDT。

CryptoRadar5h ago

Tether Withdraws 951 BTC Worth $70.47M from Major CEX, Holds $7.2B in Bitcoin Reserves

Tether's BTC reserve address withdrew 951 BTC valued at $70.47 million, part of Q1 2026 purchases. It now holds 97,141 BTC worth around $7.2 billion, making it the fifth-largest BTC wallet with unrealized gains of $2.175 billion.

GateNews8h ago
Comment
0/400
TheLongRoadToRecoupInvestment.vip
· 2025-11-07 09:29
Quick, enter a position! 🚗
View OriginalReply0
TheLongRoadToRecoupInvestment.vip
· 2025-11-07 09:28
Steadfast HODL💎
View OriginalReply0
TheLongRoadToRecoupInvestment.vip
· 2025-11-07 09:28
2025 Go Go Go 👊
View OriginalReply0
TheLongRoadToRecoupInvestment.vip
· 2025-11-07 09:28
GT is king 👑
View OriginalReply0
TheLongRoadToRecoupInvestment.vip
· 2025-11-07 09:28
Fluctuation means opportunity 📊
View OriginalReply0
TheLongRoadToRecoupInvestment.vip
· 2025-11-07 09:28
Teach me, experienced driver 📈
View OriginalReply0
TheLongRoadToRecoupInvestment.vip
· 2025-11-07 09:28
Hold on tight, we're about to To da moon 🛫
View OriginalReply0
TheLongRoadToRecoupInvestment.vip
· 2025-11-07 09:28
Steadfast HODL💎
View OriginalReply0
TheLongRoadToRecoupInvestment.vip
· 2025-11-07 09:28
Quick, enter a position! 🚗
View OriginalReply0
TheLongRoadToRecoupInvestment.vip
· 2025-11-07 09:28
Just go for it💪
View OriginalReply0
View More