Quantum threats
Quantum threats refer to the potential risks posed by quantum computers to current cryptographic systems. These risks arise because quantum computers can solve complex mathematical problems much faster than classical computers, which could compromise the security of encryption algorithms. *Key Areas of Concern:* - *Cryptocurrency Security*: Quantum computers can potentially break the cryptographic algorithms used to secure cryptocurrencies like Bitcoin and Ethereum, allowing hackers to access and steal funds. For instance, a sufficiently powerful quantum computer could use Shor's algorithm to derive private keys from public ones, threatening the security of most cryptocurrencies. - *Data Encryption*: Quantum computers can also compromise the encryption algorithms used to protect sensitive data, such as financial information and personal identifiable information. - *Blockchain Security*: Quantum computers can potentially break the cryptographic algorithms used to secure blockchain ...