"The Bitcoin Policy Institute points to two research papers released on March 31 by Google and California Institute of Technology that reshape long-standing assumptions about the computing power required to break Bitcoin's encryption."
"According to the Bitcoin Policy Institute's analysis of Google's findings, that threshold could be reduced to fewer than 500,000 qubits. A separate paper indicates that specialized quantum systems could lower that requirement further, to a range between 10,000 and 26,000 qubits."
"Despite that shift, the organization emphasizes that Bitcoin is not under immediate threat. Current quantum machines remain far below the levels outlined in the research."
"The report highlights ongoing efforts within the Bitcoin developer community to address long-term risks tied to quantum computing, with BIP-360 being one of the most active areas of development."
Recent breakthroughs in quantum computing are accelerating the timeline for potential threats to Bitcoin's cryptography. Research indicates that the qubit requirement to compromise Bitcoin's security could drop significantly, from 10 million to fewer than 500,000 qubits. Specialized quantum systems may further reduce this to between 10,000 and 26,000 qubits. Despite these findings, Bitcoin is not under immediate threat as current quantum machines are far below these levels. Ongoing efforts within the Bitcoin developer community, particularly BIP-360, aim to address long-term risks associated with quantum computing.
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