The article examines how quantum computing could impact blockchain protocols and cryptocurrency mining. Questions remain regarding the utility of quantum computers and how long development will take for quantum computers to break cryptographic protocols in use today. Bad actors in possession of quantum computers may eventually be able to disrupt the cryptocurrency mining process or steal cryptocurrency from others. Asset managers and public companies investing in or mining cryptocurrencies may need to carefully assess and disclose such risks as appropriate.
"Quantum Computing Could Threaten Blockchain, Crypto," Bloomberg Law, August 17, 2023
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