Quantum Computing and Bitcoin – Why ‘Q-Day’ Could be Crypto’s Doomsday

Quantum computing is developing exponentially. This technology can solve problems that are unmanageable for even the most powerful classical computers. As these advancements accelerate, the risks for Bitcoin’s security rise by the minute. In a conversation with BeInCrypto, Naoris Protocol CEO David Carvalho explained that quantum computers will one day be able to break current encryption algorithms, rendering even the most secure wallets breachable source: https://beincrypto.com/quantum-computing-bitcoin-encryption-threat/