The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Is Quantum Computing Placing Bitcoin’s Future in Jeopardy? Quantum Expert Andrew Fursman on Future of Crypto

by Daily Hodl Staff
May 1, 2021
in Bitcoin

Quantum computing expert Andrew Fursman is convinced quantum attacks in the future will pose a threat to the security of Bitcoin (BTC).

In a video, Fursman highlights that the massive computational potential of quantum machines could be capable of compromising Bitcoin’s security.

“It’s mathematically proven that if you have a device that looks like the kind of quantum computers that people want to build, then you will be capable of decrypting this information significantly better than could ever be possible with classical devices.”

Fursman argues that regardless of when quantum computers come of age, a solution needs to be found.

“Whether quantum computers come out tomorrow or in five years or in ten years, they are capable of being cryptographically useful. Those devices are going to be capable of doing something that you might not want if you are somebody that’s keeping a secret…

So it’s worth kind of getting into what are the different ways that the blockchains rely on cryptography, and which of those are specifically relevant to the things that quantum computers of the future might do. And how much is that really a problem for people today, versus not a problem at all? And what things are maybe not a problem yet but we might want to be thinking about working on? Better to be safe than sorry.”

While Fursman says that quantum machines may place Bitcoin’s cryptography in jeopardy, he notes that it will not happen anytime soon.

“We might need actually significantly more qubits (quantum bits, or a unit of quantum information) than are currently available. And like I sort of alluded to, we might be at the point where the largest computers that we are building today end up really becoming the foundation of one logical qubit for one of these large devices…

So if we need a thousand times more qubits then we might have in a few years, you sort of have to be thinking about the growth of these things from both the error correction standpoint and the number of logical qubits that you need to go forward…

And I should say some people even put the number as high as millions that you might need. So we are definitely, we are not right around the corner from this. It’s not going to happen next week.”

I

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/agsandrew

Submit a Press Release

Industry Announcements

  • Falcon Finance Publishes Strategy Allocation Breakdown for Yield Generation Transparency
    October 16, 2025
  • Seascape Launches First Tokenized BNB Treasury Strategy on Binance Smart Chain
    October 16, 2025
  • C1 Fund Inc. Announces Equity Purchase in Ripple
    October 16, 2025
  • Aptos Labs and Universal Destinations and Experiences Launch Universal Backlot Club, a Next-Gen Fan Engagement and Rewards Platform
    October 15, 2025
  • xMoney Launches XMN on Sui, Expands Listings Across Global Exchanges
    October 15, 2025
  • Chainwire Earns Eight Badges in G2’s Fall 2025 Grid® Reports for Press Release Distribution
    October 15, 2025
  • WhiteBridge Network’s WBAI TGE Event Sets PancakeSwap Record and Goes Live Across Top Exchanges
    October 15, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$108,033.95
$108,033.95
2.56%
Ethereum
$3,893.98
$3,893.98
2.47%
BNB
$1,144.97
$1,144.97
1.68%
Solana
$184.65
$184.65
4.84%
XRP
$2.32
$2.32
3.65%

Spotlight

  • 70,000 Discord Users Warned After Massive Hack – Drivers Licenses, Passports, Credit Card Numbers, IP Addresses and More Affected: Report
    October 9, 2025
  • Square Launching Bitcoin Payments Platform and Wallet in Push To Reshape Retail Crypto
    October 9, 2025
  • North Dakota Enters Crypto Frontier With State-Backed Stablecoin
    October 9, 2025
  • JPMorgan Chase Issues Warning To Customers, Says Scammers Draining Accounts Through Zelle, Social Media, Fake Websites and More
    October 9, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl