Doesn’t quantum proof encryption exist already? I thought I learned that in college more than a decade ago… The only reason its not viable yet is because hardware was not powerful enough to run it without being slow.

I could be misremembering though its been a long time

It's kind of ironic that quantum computers seem to exist and not exist at the same time.

Crypto currency is so intertwined with the global economy and major banks that proof of a hacked bitcoin address would destroy the world's markets overnight

Why the focus on breaking encryption. Can these computers not be used for better things

more hype and no practical results

Yeah as soon as someone fixes the instability of quantum computing to the point u can get enough qbits. This story has been going on for 30 years now. But just to be safe its nice to see places slowly moving to post quantum encryption a lot of things have already made the leap

Cool. Call me once they do break traditional encryption with a quantum computer.

“While CRQCs certainly do pose a threat to blockchain-based technologies based on classical ECC algorithms, they are just one of many systems in our modern world that need to transition quickly to PQC,” LaMacchia said, referring to post-quantum cryptography. “Especially when reading some of the policy proposals at the end of the white paper, I am just dumbfounded that Google is focused on policy frameworks for solving problems that seem unique to the cryptocurrency space (e.g., salvaged digital assets) and not the general threat that CRQC pose to all our systems that use public-key cryptography.”

Sounds like they are trying to suck up to the current US administration.

Countries and societies that value liberal democracy and believe in freedom (in the real sense, not the American polemical sense) really need to get rid of all American technology services and platforms.