US DOE launches $215 million quantum contest: risk to Bitcoin
- —The DOE has allocated up to $215 million for the Quantum Genesis Q competition targeting 2028
- —Requirement: at least 100 logical qubits and hundreds of millions of reliable operations
- —Google: breaking Bitcoin's ECC-256 would require 1,200–1,450 logical qubits
- —Glassnode: 6.04 million BTC (30.2% of supply) is vulnerable due to exposed public keys
Why it matters: The race for fault-tolerant quantum computers accelerates debate over migrating Bitcoin to post-quantum signatures (BIP 360/361), which would affect wallets, exchanges and custodians.
Source: BeInCrypto IT