Cointime

Download App
iOS & Android

Quantum Computers May Soon Breach Blockchain Cryptography: Report

According to a recent paper, Chinese researchers claimed to have discovered a novel method to break the Rivest–Shamir–Adleman 2048 bit (RSA-2048) signing algorithm present in blockchains and other security protocols. RSA is a cryptographic technique that utilizes a public key to encrypt information and a private key to decrypt them. 

Breaching the RSA-2048 algorithm requires, similar to other algorithms in the RSA numbers family, finding the prime factors of a number with 617 decimal digits and 2048 binary digits. Experts estimate that it would take ordinary computers 300 trillion years to break an RSA-2048 encryption key. However, Chinese researchers said in their paper that the encryption could be inversed with a quantum computer with 372 qubits, or a basic unit of information acting as a proxy for computation power.

In comparison, the latest IBM Osprey quantum computer has a processing capacity of 433 qubits. Previously, experts calculated that factoring RSA-2048 with quantum computers employing Shor's algorithm (a quantum factoring method) would require 13,436 qubits. 

Unlike classical computers that operate on a binary basis of 0 or 1, quantum computers utilize quantum bits that can take on infinite states at temperatures of -273°C (-459.4°F), achieved by using liquid gas coolants. Thus, the quantum computer is able to map out all possible solutions to a cryptographic problem and attempt them all at once, increasing efficiency on an astronomic scale.

Comparison of classical vs quantum computing | Source: Towards Data Science. 

As told by American cryptographer Bruce Schneier, Chinese researchers appear to have combined "classical lattice reduction factoring techniques with a quantum approximate optimization algorithm" that successfully factored 48-bit numbers using a 10-qubit quantum computer. "And while there are always potential problems when scaling something like this up by a factor of 50, there are no obvious barriers," Schneier commented. 

Security expert Roger Grimes also added:

"Apparently what happened is another guy who had previously announced he was able to break traditional asymmetric encryption using classical computers…but reviewers found a flaw in his algorithm and that guy had to retract his paper. But this Chinese team realized that the step that killed the whole thing could be solved by small quantum computers. So they tested and it worked."

Schneier also warned that the algorithm relies on a recent factoring paper authored by Peter Schnorr, where its algorithm works well with small bits but falls apart at larger sizes, with no tangible explanation. "So if it's true that the Chinese paper depends on this Schnorr technique that doesn't scale, the techniques in this Chinese paper won't scale, either," Schneier wrote. 

"In general, the smart bet is on the new techniques not working. But someday, that bet will be wrong."

Quantum computers are also limited by operational factors such as heat loss and the requirement of a complex -273°C (-459.4°F) cooling infrastructure. Thus, the number of nominal qubits required to inverse cryptographic algorithms is likely far higher than theoretical estimates.

Although researchers have not yet done so, the methodology could be theoretically replicable to other RSA-2048 protocols used in informational technology, such as HTTPS, email, web browsing, two-factor authentication, etc. Ethereum (ETH) co-founder Vitalik Buterin previously stated his long-term goals for include making the blockchain quantum resistant. Theoretically, this involves forking the network to utilize a higher-order encryption algorithm that would require greater qubits to break.

Cointelegraph editor Jeffrey Albus contributed to this story. 

Comments

All Comments

Recommended for you

  • ETH breaks through $2100

    market shows ETH breaking through $2100, currently at $2100.24, with a 24-hour increase of 7.65%. The market is highly volatile, please manage your risks accordingly.

  • BTC falls below $66,000

    the market shows BTC falling below 66,000 USD, currently at 65,996.42 USD, a 24-hour decline of 2.35%, with significant market fluctuations, please manage your risk properly.

  • YesGo Makes Its Public Debut: Joining Forces with Ecosystem and Industry Leaders to Usher in a New Era of On-Chain Native Commerce

    Hong Kong, February 11, 2026 – As one of the most visionary cross-sector dialogues held during Hong Kong Consensus Week, the YesGo Ecosystem Partner Meeting concluded successfully yesterday. This closed-door event, spearheaded by YesGo and co-hosted by Nexus Chain and compliant digital asset exchange CoinMy, brought together a select group of global ecosystem partners, industry KOLs, and media representatives.

  • The number of Americans filing for unemployment benefits last week was 227,000.

     initial jobless claims in the United States last week were 227,000, estimated at 224,000, previous value was 231,000.

  • BTC breaks through $68,000

     the market shows BTC breaking through $68,000, currently at $68,023.93, with a 24-hour decline of 1.36%. The market is highly volatile, please manage your risk accordingly.

  • [Consensus HK] ENI CEO Arion Ho: Decentralization is an Engineering Choice, Not a Slogan

    At the Consensus Hong Kong 2026 summit, ENI Founder and CEO Arion Ho joined the DeFi Lead at CoinDesk and executives from Paradigm and Blockdaemon to debate the future of DeFi decentralization. Ho delivered a sharp critique of the industry’s current trajectory, asserting that decentralization should never be about "slogan-style freedom," but is fundamentally a rigorous engineering choice.

  • Trump praised the non-farm payroll data and urged the Federal Reserve to cut interest rates to the "lowest in the world."

    US President Trump posted on social media, "Employment data is excellent, far exceeding expectations! The US should pay much less interest on borrowing costs (bonds!). We have once again become the world's number one power, and therefore deserve the lowest interest rates ever. This will bring at least one trillion dollars in interest savings annually — the budget will not only be balanced but will have a substantial surplus. Wow! The golden age of America has arrived!!!"

  • BTC falls below $67,000

    the market shows BTC falling below $67,000, currently at $66,991.58, with a 24-hour decline of 3.41%. The market is highly volatile, please manage your risk accordingly.

  • BTC falls below $69,000

     the market shows BTC fell below 69,000 USD, currently at 68,996.18 USD, with a 24-hour decline of 2.21%. The market is highly volatile, please manage your risk accordingly.

  • BTC falls below $70,000

     the market shows BTC falling below $70,000, currently at $69,990, with a 24-hour decline of 1.04%. The market is highly volatile, please manage your risk accordingly.