With around 26,000 qubits, the encryption could be broken in a day, the researchers report in a paper submitted March 30 to arXiv.org. Another prevalent form of encryption, RSA–2048, would require 100,000 qubits and 10 days to break, according to the researchers, from Caltech and quantum computing company Oratomic in Pasadena, Calif.

In our latest Computing research we look at developments in quantum computing and cryptography, whether UK IT leaders believe the risk is real and what

The research shows quantum computers may break bitcoin and ether wallet encryption with far fewer qubits than previously thought, accelerating the push toward post-quantum security.

The quantum layer will will not be exhausted by one hardware modality, one algorithmic framework or one vendor’s roadmap.