Quantum Computers Could Trigger First Crypto Heist by 2028, Warns Quantus Co-Founder

BitcoinWorld Quantum Computers Could Trigger First Crypto Heist by 2028, Warns Quantus Co-Founder Quantum computing experts are warning that the first successful attack on modern cryptocurrency systems may not look like a typical hack.

According to Christopher Smith, co-founder of Quantus Network, a sufficiently powerful quantum computer could derive private keys from public blockchain data, allowing attackers to drain funds without triggering any alarms.

Understanding the Quantum Threat Current cryptographic systems used by Bitcoin and other cryptocurrencies rely on the difficulty of solving complex mathematical problems.

Quantum computers, which operate on qubits, could potentially solve these problems exponentially faster than classical computers.