Dmitriy Gerasimov
508 posts

Dmitriy Gerasimov
@naeper
CEO of Cellframe Network https://t.co/MFKHqIjGCj


🚨 BIG: Google research shows a future quantum computer could crack Bitcoin's private keys in just 9 mins, 1 min short of Bitcoin's average block time. The research warns mempool attacks could become a real threat, urging immediate migration to post-quantum cryptography.

🚨 Google has sounded the quantum alarm 🚨 Today, they released groundbreaking progress towards breaking crypto using a quantum computer. TLDR - Existing cryptography is dead. Mempool attacks are real. We must migrate to post-quantum now. Thread 🧵

Saw some people panicking or asking about quantum computing's impact on crypto. At a high level, all crypto has to do is to upgrade to Quantum-Resistant (Post-Quantum) Algorithms. So, no need to panic. 😂 In practice, there are some execution considerations. It's hard to


This is wild. Google Research demonstrates a ~20x more efficient implementation of Shor's algorithm that could break ECDSA keys within minutes with ~500K physical qubits. Google is now are more confident on a 2029 post-quantum transition. We are no longer looking at mid 2030s, we could have quantum computers of this scale by the end of the decade. They believe this result is so severe that they are not publishing the actual circuits. They instead published a ZKP proving that they know of the quantum circuit with these properties. This is very atypical, showing Google thinks this is serious shit. All blockchains need a transition plan ASAP. Post-quantum is no longer a drill.

@mreiffy On the plus side, if you forgot the password to your wallet, it will be accessible in the future x.com/i/grok/share/a…





Many are wondering "what Google saw" that caused them to revise their post-quantum cryptography transition deadline to 2029 last week. It was this: research.google/blog/safeguard…






🚨 Google has sounded the quantum alarm 🚨 Today, they released groundbreaking progress towards breaking crypto using a quantum computer. TLDR - Existing cryptography is dead. Mempool attacks are real. We must migrate to post-quantum now. Thread 🧵






Many are wondering "what Google saw" that caused them to revise their post-quantum cryptography transition deadline to 2029 last week. It was this: research.google/blog/safeguard…








