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Quantum Computers Won’t Break Bitcoin, Says Cooke

10h35 ▪ 4 min read ▪ by Luc Jose A.
Getting informed Cybersécurité

The rapid rise of quantum computing revives fears of massive bitcoin hacking. Indeed, Microsoft’s revelation of its Majorana 1 chip, potentially capable of reaching one million qubits, has fueled speculation about the end of the inviolability of private keys. However, Graham Cooke, former Google executive and now CEO of Brava Labs, dismisses these concerns. According to him, bitcoin cryptography remains out of reach, even for the most advanced machines.

An expert holds in his left hand a large glowing circular shield bearing the Bitcoin (BTC) logo in bright orange. A blue-violet laser beam, emitted by a futuristic structure representing a quantum computer, strikes the shield. The impact creates an intense burst of light, repelling the beam.

In brief

  • Recent advances by Microsoft, Google, and IBM in quantum computing revive fears of Bitcoin private key hacking.
  • The quantified arguments of Graham Cooke, former Google executive, demonstrating the extreme robustness of Bitcoin seed phrases.
  • Despite these advances, the threat of a quantum computer capable of breaking Bitcoin cryptography remains purely theoretical.
  • Future prospects, including the possible adoption of post-quantum algorithms by the crypto community.

A Google veteran reassures

While many investors wonder if their bitcoins are threatened by the quantum computer, in a message posted on social media, Graham Cooke wanted to reassure bitcoin holders : “the mathematics that protect your wallet are stronger than the very fabric of space-time”. According to him, the cryptographic strength of the Bitcoin protocol is widely underestimated.

He illustrates this strength with precise numbers :

  • A 24-word mnemonic phrase contains 340 septillion trillion times more combinations than a 12-word phrase ;
  • Even with 8 billion people, each equipped with a billion supercomputers, themselves testing a billion combinations per second, it would take more than 10^40 years to find the correct combination ;
  • This duration far exceeds the age of the universe, estimated at 14 billion years.

These figures aim to put the advances of quantum computing into a realistic perspective. Cooke emphasizes that the cryptography used by bitcoin is not merely solid : it is mathematically out of reach for any currently conceivable computing system, thus dispelling some of the panic born from recent announcements.

A still largely theoretical threat to bitcoin

Cooke also recalls that despite rapid progress, quantum computers face major technical obstacles. Classical qubits easily lose their quantum state at the slightest disturbance, making calculations unstable.

It is precisely here that Microsoft’s novelty comes in: its Majorana1 chip exploits “topological conductors” which give qubits unprecedented stability, compared by Cooke to “knots in a rubber band: you can stretch or twist them, but the knot stays in place”.

This advancement reveals the possibility of more powerful machines, but is not enough to bridge the technological gap separating theory from the capacity to break bitcoin.

In practice, even with a more stable architecture, reaching sufficient computing power to attack the network would require not only millions of functional qubits but also solving colossal energy and software constraints.

The developments by Google (Willow) and IBM (Blue Jay) illustrate the race for power but do not change the balance of forces in the short term.

While the debate on bitcoin’s resistance to quantum attacks remains open, Graham Cooke’s remarks put the threat in a measured framework. Quantum computing is advancing, but current cryptography maintains a considerable lead. The future may see the adoption of “post-quantum” algorithms as a precaution, but for now, no concrete sign suggests Bitcoin wallets are vulnerable. In this constantly evolving field, who could then save the crypto ecosystem from the quantum threat?

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Luc Jose A. avatar
Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.