- Although quantum computing is still in its early stages of development, it could threaten blockchain cryptography within the next decade.
- Experts emphasize the urgent need for the cryptocurrency industry to implement quantum-resistant security measures as soon as possible.
- Recent innovations include cryptographic frameworks aimed at protecting certain blockchains, with the exception of Bitcoin and Ethereum, from quantum threats.
- The U.S. government is actively considering investing in quantum technology to strengthen national security amid geopolitical competition.
Although quantum computing is still in its infancy, it could soon challenge the fundamental security of Bitcoin and other proof-of-work cryptocurrencies, industry insiders say. Amit Mehra, Partner at Borderless Capital, highlighted the ongoing research into quantum-resistant technologies at the recently held Global Blockchain Congress Dubai 2025. He noted that commercial quantum computing could take until the end of the decade to reach full maturity, but experts tend to underestimate the pace of technological progress.
Quantum computers leverage the principles of quantum physics to process data exponentially faster than classical machines. If achieved at scale, this capability could potentially break the encryption that protects cryptocurrencies and sensitive data, potentially facilitating the development of new post-quantum security standards. This threat has created urgency across the industry, with some industry leaders warning of the need for swift action.
“Given recent advances in chip technology and distributed computing power, quantum computing is not only a future concern, but also an urgent one,” Mehra warned.
Charles Edwards, founder of the Calprior Digital Assets Fund, expressed a more urgent position, warning that the industry needs to find a solution within the next year to prevent significant losses. Regarding X, he declared, “If Bitcoin doesn’t solve quantum next year, gold will outperform it forever,” highlighting the potential consequences of doing nothing.
In response to the looming threat, SUI Research announced a new cryptographic framework designed to strengthen the security of blockchains against quantum attacks without the need for hard forks, address changes, or key resets. While this solution is promising for networks such as Near, Solana, and Cosmos, it does not yet address vulnerabilities in the most widely used cryptocurrencies, Bitcoin and Ethereum.
Meanwhile, the US government is seriously considering investing in quantum computing technology to protect its national interests. A Bloomberg report suggested that the US Department of Commerce will allocate funds to accelerate quantum progress, which could help maintain a competitive edge against China in this strategic area.
As the race for quantum supremacy accelerates, the crypto community must prioritize resilience and innovation. Developing quantum-resistant cryptographic standards is not just a technical challenge; it is necessary to ensure the long-term security and integrity of blockchain-based assets.