Quantum threat is closer than it seems: Circle urges immediate blockchain upgrades
Circle Research has warned that by 2030 quantum computers could break the cryptography securing most blockchains. This poses a significant security risk for cryptocurrencies and decentralized systems that requires urgent action.
Source Incrypted
Experts believe the industry will need to update the entire technology stack—from secure connections and consensus mechanisms to transaction signatures and wallets. Circle highlights that post-quantum transition technologies already exist; the challenge lies not in their absence, but in whether the industry is ready to begin migration proactively rather than waiting for the so-called "Q-Day."
Taking timely measures can prevent large-scale hacks and preserve trust in blockchain systems in the upcoming post-quantum era.
