Quantum computing sounds scary when you hear “it could break crypto.”
But we’re not there yet.
@binance CSO Jimmy Su says current quantum computers are nowhere near cracking Bitcoin, Ethereum and other major networks.
The real challenge is preparing before they get there. Post-quantum standards already exist, but upgrading chains, wallets, exchanges and custodians will take years.
Binance is already evaluating post-quantum security and preparing for the eventual migration.
For now, phishing, malware and compromised credentials are far bigger risks.
Prepare early. Don’t panic. 🧠
But we’re not there yet.
@binance CSO Jimmy Su says current quantum computers are nowhere near cracking Bitcoin, Ethereum and other major networks.
The real challenge is preparing before they get there. Post-quantum standards already exist, but upgrading chains, wallets, exchanges and custodians will take years.
Binance is already evaluating post-quantum security and preparing for the eventual migration.
For now, phishing, malware and compromised credentials are far bigger risks.
Prepare early. Don’t panic. 🧠