$APE
StableSnapshot Window: 2026-07-05 04:10 UTC ยท โ Back to Crypto Overview
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Total Engagement - Comments: 8, Retweets: 3, Likes: 20, Impressions: 282
Verbatim Community Citations & Social Evidence 1 source posts analyzed
CZ just said that quantum computers could break current encryption systems. If this happens, many people are concerned that the entire crypto market will be severely impacted because most blockchains rely on traditional encryption algorithms. How do you assess the severity of [Spoken audio]: How are you thinking about the risk of quantum computing to the cryptocurrency ecosystem broadly? I think there's some risk, but I think overall though Any technology improvement is always going to be good more computing power is good for crypto So quantum may break the existing encryption mechanism mechanisms, but with quantum computing That's probably new what they will be a new encryption algorithm. Well, they're already quantum proof encryption algorithms that quantum computers do not have an advantage to crack. So we just need to upgrade the protocol to use those encryption mechanisms. Also more computing power with quantum, that's probably newer encryption mechanisms we have not even thought about, that we can use quantum to encrypt and decryption is always going to be much harder.
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