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Google white paper details cryptocurrency vulnerabilities to quantum attacks and PQC migration advice

Safeguarding cryptocurrency by disclosing quantum vulnerabilities responsibly

What happened

Google Quantum AI has published a white paper saying future quantum computers may be able to break the elliptic-curve cryptography protecting cryptocurrencies with fewer qubits and gates than previously thought.

Why it matters

Google Quantum AI presents new estimates of the quantum resources needed to break ECDLP-256 and explains how it disclosed the vulnerability without revealing attack details.

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