Europol: Cryptocurrency defense strategies under the threat of quantum computing
Europol pointed out that if quantum computers have enough computing power to crack current encryption technology, cryptocurrency wallets will become the main exposure risk point. EU law enforcement agencies elaborated on the findings in a report released Wednesday by their European Cybercrime Center.
Conclusions and countermeasures
The conclusions in the report are prudent and clear: cryptocurrencies "will not collapse due to quantum computing," but holders and developers need to take "proactive defense" measures to deal with potential threats.
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