Ex-Hacker CEO Warns: Quantum & AI Threaten Bitcoin
Ex-hacker turned CEO says quantum and AI could soon crack Bitcoin’s encryption.
- Bitcoin’s cryptography could be broken by future quantum tech.
- Encrypted data may already be targeted by cyber attackers.
- AI may speed up the arrival of crypto vulnerabilities.
A former hacker who now leads a cybersecurity firm has issued a stark warning to the crypto world: Bitcoin’s cryptographic system may not survive the coming wave of quantum computing and AI. His message is simple — future technologies could one day break the security behind the world’s most trusted digital currency.
Bitcoin relies on ECDSA (Elliptic Curve Digital Signature Algorithm) for securing wallets and transactions. It’s trusted because traditional computers can’t easily break its math. But quantum computers work differently. They can perform certain calculations exponentially faster than regular machines, making them a serious risk to today’s cryptography.
This means that if quantum machines continue to improve, they might eventually break the encryption protecting billions in crypto assets.
Hackers Might Already Be Stockpiling Bitcoin Data
The CEO warns that attackers may be collecting encrypted blockchain data now, with plans to decrypt it later. This method, known as “harvest now, decrypt later,” assumes that today’s strong encryption could become weak in a quantum future.
The blockchain is public, and although addresses are currently secure, any data harvested today could be cracked once quantum machines get powerful enough. This could expose transaction histories and even private keys.
Adding fuel to the fire, artificial intelligence may help accelerate this process by optimizing how quantum and traditional computers work together, shortening the time it takes to find vulnerabilities.
Preparing for the Post-Quantum Crypto Era
Many in the crypto space are already working on “quantum-resistant” cryptography. These are new encryption methods designed to be safe even from quantum computers. But adoption is slow, and widespread implementation could take years.
This warning from a seasoned hacker-turned-CEO serves as a wake-up call. The crypto industry needs to act before technology outpaces its defenses.
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