Watch Out Bitcoin: Cryptography-Breaking Quantum Computers May Be Closer Than Expected, Says Caltech
By Jason Nelson
Published on April 1, 2026.
The California Institute of Technology has found that quantum computers capable of breaking modern cryptography may require far fewer qubits than previously believed, according to a study conducted by the university. Caltech partnered with Oratomic, a quantum computing startup founded by Caltech researchers, to develop a new neutral-atom system in which individual atoms are trapped and controlled with lasers to act as qubits. This could allow a fault-tolerant quantum computer to run Shor’s algorithm, which could potentially threaten RSA and elliptic-curve cryptography used by Bitcoin and Ethereum. The threat has prompted governments and technology firms to migrate to post-quantum cryptography, or encryption designed to withstand quantum attacks. However, major engineering challenges remain, including scaling quantum systems while maintaining extremely low error rates.
Read Original Article