Zero-Knowledge Tech Is the Key to Quantum-Proofing Bitcoin

Source: CryptoNewsNet Original Title: Zero-Knowledge Tech Is the Key to Quantum-Proofing Bitcoin Original Link: As quantum computing researchers celebrate breakthrough after breakthrough, Web3’s $4-trillion asset base faces a ticking time bomb. Last December, Google announced that their quantum Willow chip performed a computation in less than five minutes that would have taken a state-of-the-art super computer ten septillion years (about 100 trillion times longer than our universe is old). Drug discovery, materials science, financial modeling, and optimization problems of all kinds will enter a golden age thanks to quantum. But most modern encryption, which relies on math puzzles that are functionally impossible for a classical computer to solve, could be cracked instantly by quantum.

In Web3, adversaries are already collecting encrypted blockchain data to crack later, when quantum comes of age. An investment in crypto is, in essence, an investment in the integrity of cryptography, which quantum computing directly threatens.