​Quantum Computer ‘Threat’ To Crypto Is Exaggerated… For Now – Tyler Durden

Quantum Computer ‘Threat’ To Crypto Is Exaggerated… For Now Authored by Andrew Singer via CoinTelegraph.com, A report that Chinese researchers have employed a D-Wave quantum computer to breach encryption algorithms used to secure bank accounts, top-secret military data and crypto wallets is at first glance a matter for deep concern.  “This is the first time that a real quantum computer has posed a real and substantial threat to multiple full-scale SPN [Substitution-Permutation Network] structured algorithms in use today,” wrote Shanghai University scientists in a peer-reviewed paper, according to the South China Morning Post (SCMP) on Oct. 11. The paper talks about breaking…  — Continue at ZeroHedge News : Read More