Google Will Complete Post-Quantum Cryptography Transition Before 2029
Google has set a deadline of 2029 for transitioning to post-quantum cryptography (PQC), warning that the “quantum frontier” may be closer than we think.
On Wednesday, Google announced that rapid advancements in quantum computing hardware and quantum error correction, along with updated estimates of how quickly a quantum computer could break current standards, have created an urgency to act as soon as possible.
“Quantum computers will pose a significant threat to current encryption standards, especially for encryption and digital signatures,” Google said.
This is the first time Google has provided a specific timeline for deploying post-quantum capabilities across its products. The 2029 deadline is much earlier than some industry estimates of Q-Day—the point when quantum computers become powerful enough to break current public key cryptography.
“We have a responsibility to lead by example and provide an ambitious timetable.”
This call comes as Google continues to develop its quantum chip, Willow, capable of up to 105 qubits, making it one of the most powerful chips in the industry.
There are concerns that quantum computers could disrupt the cryptocurrency industry by breaking cryptographic algorithms that protect digital assets. However, there is still debate over whether only public key wallets are vulnerable or if all types of digital currencies are at risk.
Cryptocurrency Networks Are Also Seeking Post-Quantum Upgrades
The Ethereum Foundation has launched a “Post-Quantum Ethereum” resource center.
To protect the blockchain from threats posed by quantum computers and safeguard billions of dollars in assets on the network.
The post-quantum team plans to implement quantum-resistant solutions at the protocol level in Ethereum by 2029.
In January 2025, Solana developers created a quantum-resistant vault on the blockchain to protect user funds from quantum threats by deploying a complex hash-based signature system, generating new keys with each transaction.
However, to access this feature, Solana users need to store their funds in a Winternitz vault instead of regular Solana wallets, as this is not a network-wide security upgrade.
If successful, users will be able to store their assets more securely, though there are hurdles to overcome.
In the near future, investors will need to carefully monitor their assets due to the potential impact of quantum computing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Sberbank plans to offer cryptocurrency trading; the Russian Duma has passed the bill on its first reading
According to a report by TASS on April 22, Ruslan Vestrovskiy, senior vice president and head of wealth management at Russia’s Sberbank, said at the Moscow Exchange Forum that once cryptocurrency-related regulation is implemented and exchanges begin organized trading, Sberbank will provide its customers with cryptocurrency trading services. On the same day, the Russian State Duma passed the first reading of a bill on cryptocurrency regulation.
MarketWhisper48m ago
Trump Media Group Pivots to Crypto and Financial Services Amid Stock Decline
Gate News message, April 23 — Trump Media & Technology Group is shifting its business focus from social media to cryptocurrency and financial services. Since Trump's 2024 re-election, the company's stock
GateNews1h ago
Middle East situation escalates? The U.S. State Department urgently urges citizens: Leave Iran and Lebanon immediately
Tensions in the Middle East are escalating, and the U.S. State Department has warned American citizens in Iran and Lebanon to leave immediately. They should prioritize taking commercial flights, and they may also consider exiting by land. Some Iranian airspace has partially reopened; people need to evacuate quickly and stay alert to local updates. The situation in Lebanon is complex—be sure to evacuate when commercial air travel is available. Rubio urged people to register for STEP; the government will help arrange charter flights and waive evacuation fees. Asian stocks fell, and Bitcoin dropped below 78K.
ChainNewsAbmedia2h ago
Peru's President Appoints New Defense Minister After Officials Resign Over U.S. Military Aircraft Dispute
Peru's president appointed Amadeo Flores Carcanio as Defense Minister after the resignations of Carlos Diaz and Hugo Desera, following the government's refusal to buy U.S. military aircraft.
Abstract: This article reports that Peru's president Jose Barco Vargas appointed Amadeo Flores Carcanio as defense minister on April 22, after the resignations of Carlos Diaz and Hugo Desera. The resignations followed the government's decision not to purchase U.S. military aircraft.
GateNews3h ago
Japan's FSA Advances Crypto Asset Reclassification to Financial Instruments Law, Launches Three Stable Coin Payment Pilot Projects
Gate News message, April 23 — Japan's Financial Services Agency (FSA) has submitted legislation to Parliament proposing to reclassify crypto assets from the Payment Services Act to the Financial Instruments and Exchange Act, according to remarks by Shigeru Shimizu, director of the FSA's Risk
GateNews3h ago
