Google quantum computers and you’ll find yourself drowning in a sea of information about qubits, entanglements, integer factorization and RSA encryption. Suffice to say quantum computers are super computers that can solve problems far too complex for classical computers–not to mention the average Joe.

Moving into the future, this cutting-edge technology will be especially useful in areas such as artificial intelligence, molecular modeling, and cryptography.

It’s the latter that have cryptographer s concerned. Quantum computers work millions of times faster than classical computers, and experts believe it may be possible that within the next ten years for quantum computing to be able to break through cryptographic security and steal personal and financial data from cell phones, bank accounts, and email addresses, as well as bitcoin wallets on the blockchain

Full article here: https://bitcoinofficial.com/bitcoin-futures/hacking-bitcoin-wallets-with-quantum-computers-could-happen-but-cryptographers-are-racing-to-build-a-workaround/