Submission + - IBM Warns Quantum Computing will Break Encryption (zdnet.com)
CrtxReavr writes: "Quantum computers will be able to instantly break the encryption of sensitive data protected by today's strongest security," warns Arvind Krishna, head of IBM Research. The article continues "It has been known since the 1980s that quantum computers would be great at factoring large numbers, which is the foundation of public key cryptography. But building large enough quantum computers was not possible then. Advances in novel materials and in low-temperature physics have led to many breakthroughs in the quantum computing field in recent years. and large commercial quantum computer systems will soon be viable and available within five years." The article says continued advances in material science and software technologies will be required to take best advantage of Quantum Computing.
What I wonder is, if encryption can be "instantly broken," does this also mean that remaining crypto-coins, can be instantly discovered?
What I wonder is, if encryption can be "instantly broken," does this also mean that remaining crypto-coins, can be instantly discovered?
