Quantum Computing Could Threaten Bitcoin by 2030, New Report Warns
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Report: quantum computers could break blockchain cryptography as early as 2030–2033 (Q‑Day), threatening crypto network security. Researchers estimate ~6.9M BTC may already be exposed to future quantum attacks, posing systemic security and market risk for Bitcoin and custodial CEX/DEX wallets. NEAR Protocol is moving to integrate post‑quantum cryptography to mitigate long‑term risks and support protocol security and adoption.
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- Report warns quantum computers may break blockchain cryptography by 2033.
- Researchers say 6.9M Bitcoin may already be exposed to future quantum attacks.
- NEAR Protocol is preparing post-quantum upgrades to reduce long-term cryptographic risks.
Project Eleven’s blockchain security report warns that quantum computing could threaten major crypto networks, including Bitcoin, within the next decade. In response, NEAR Protocol has started integrating post-quantum cryptography into its ecosystem.
Quantum Computing Concerns Grow Across Crypto
The report, titled “The Quantum Threat to Blockchains – 2026 Report,” said current blockchain cryptography used by Bitcoin, Ethereum, and Solana may become vulnerable as early as 2030 to 2033. Project Eleven referred to the potential arrival of a machine capable of breaking current encryption as “Q-Day.”
Also, the proj…
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