Crypto
Ark Invest says quantum computing is still far from breaking Bitcoin, outlines five-stage threat
Quantum computing is unlikely to trigger a sudden “Q-day” that quickly undermines Bitcoin security, an analysis said, arguing that progress is likely to be gradual and allow time to adapt. A joint white paper by Ark Invest and Unchained rated current quantum technology at “level 0” and proposed a five-stage framework for assessing risk. It estimated Bitcoin decryption would require at least 2,330 logical qubits and tens of millions to billions of quantum gate operations.
