Vitalik Buterin Warns of Quantum Computer Threat to Cryptocurrencies by 2028

Ethereum co-founder Vitalik Buterin has issued a stark warning about the potential for quantum computers to disrupt the cryptocurrency industry, predicting they could break Ethereum and Bitcoin by 2028. His concerns are based on the rapid advancement of quantum computing technology that surpasses traditional computers in solving complex problems at unprecedented speeds. He points out this capability could lead to the vulnerability of cryptography currently used to secure blockchain networks, potentially making it possible for bad actors to crack private keys and steal funds.