Svmuu News Quantum security company Project Eleven released a report stating that the "Q-Day" when quantum computing breaks encryption systems may arrive as early as 2030, and is more likely to occur around 2033.
The report indicates that quantum capabilities may erupt in a "non-linear leap" rather than gradual evolution, presenting a scenario of "long periods of no change followed by sudden breakthroughs."
In extreme cases, approximately 6.9 million Bitcoins (valued at over $560 billion) could be at risk. Currently, the industry has begun exploring countermeasures including timestamp proofs and mandatory migration.