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The Nexus
TECHNOLOGYAug 15 · 10:00 UTCFORTUNEJoshua Hong

‘The great quantum migration’ is coming as more than $2 trillion in digital assets is at risk—nearly the entire value of the overall crypto market

Researchers warn that quantum computers are advancing to a point where they could undermine cryptographic assumptions protecting digital assets. Experts indicate that over $2 trillion in crypto secured by elliptic curve cryptography is vulnerable and requires a 'great quantum migration.' The industry must replace its cryptographic infrastructure before sufficiently powerful quantum computers arrive.

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