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New Quantum Computing Model Reduces Hardware Needed to Break Bitcoin Keys by 17 Times

(2 hours ago) · 1 source · Summarized by CryptoBipto

Researchers have published a new quantum computing model that theoretically reduces the hardware requirements to break Bitcoin's cryptographic keys by a factor of 17. The development highlights ongoing advances in quantum computing that could eventually pose a threat to current cryptocurrency security standards.

WHY IT MATTERS

Bitcoin uses a type of math puzzle called cryptography to keep your funds safe.

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SOURCES

  • coindesk.com

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