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tz-plus logo Quantum Countdown: Why Bitcoin is Shaking – and Which Stocks are set to Benefit!

L. Kulikov
Reading Time: 3 minutes

A research paper from Google has shocked the financial world: The so-called "Q-Day" – the day on which quantum computers can crack the internet's encryption – could come as early as 2029. Not in a distant future, but in three years. The consequences for cryptocurrencies, cybersecurity, and the capital market are significant. The core of the problem: Bitcoin and most other cryptocurrencies are based on elliptic curve cryptography – a method that is insurmountable for classical computers. However, quantum computers can execute the so-called...

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