One notable example is the $34 million secured by British quantum algorithms specialist Phasecraft from a group of investors, including an entity linked to Danish pharmaceutical ...

Quantum computing has long focused on hardware and scalability, but now, as the technology becomes ever more promising and ...

In cybersecurity, few threats are as paradoxical and pressing as the ones posed by quantum computing. Quantum computers differ fundamentally from today’s classical machines—a distinction that gives ...

In one sign of the potential gains, a researcher at Google claimed recently to have devised a 20-fold reduction in the scale of a quantum computer that would be needed to run Shor’s algorithm, which ...

El Salvador secures its reserves by splitting holdings into multiple wallets, mitigating Bitcoin quantum security risks from future threats.

Shor’s algorithm and its threat of decrypting RSA-based security can be considered the basis of a quantum carry trade. Developed by Peter Shor in 1994, this algorithm demonstrates that a quantum ...

In 1994, Peter Shor, an American mathematician working at Bell Labs, published a paper with a wonky title and earth-shaking implications. In “Polynomial-Time Algorithms for Prime Factorization ...

El Salvador has announced plans to split its vast bitcoin holdings into multiple wallets in order to protect against potential quantum attacks. The Central American country owns roughly half a billion ...

That said, a suitably equipped future quantum computer running Shor’s algorithm could hypothetically break RSA within a few hours.