Chinese Scientists Report Using Quantum Computer to Hack Military-grade Encryption
thequantuminsider.com
Chinese researchers, using a D-Wave device, claim to have executed the first successful quantum attack on widely used encryption algorithms.
The original post: /r/cryptocurrency by /u/MegaByte59 on 2024-10-11 17:11:22.

Is bitcoin going to be upgraded anytime soon to protect against quantum computing? It appears we are on the cusp of military grade encryption being cracked. I’m worried that when this does happen if crypto currencies haven’t prepared in advance that we would have a complete financial meltdown.