This is wild. Google Research demonstrates a ~20x more efficient implementation of Shor's algorithm that could break ECDSA keys within minutes with ~500K physical qubits. Google is now are more confident on a 2029 post-quantum transition. We are no longer looking at mid 2030s, we could have quantum computers of this scale by the end of the decade. They believe this result is so severe that they are not publishing the actual circuits. They instead published a ZKP proving that they know of the quantum circuit with these properties. This is very atypical, showing Google thinks this is serious shit. All blockchains need a transition plan ASAP. Post-quantum is no longer a drill.

nic carter
@nic_carter
03-31
Many are wondering "what Google saw" that caused them to revise their post-quantum cryptography transition deadline to 2029 last week. It was this:
https://research.google/blog/safeguarding-cryptocurrency-by-disclosing-quantum-vulnerabilities-responsibly/…

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