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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InAmid a global technological race to develop super-processing capabilities, serious concerns are emerging regarding the resilience of blockchain infrastructure against next-generation computers. According to reports from CoinGape, an XRP Ledger engineer warned that the threat quantum computing poses to the crypto industry could arrive sooner than previously anticipated. The engineer highlighted that rapid advancements in this field could eventually compromise the security of blockchain ledgers.
These warnings come as tech giants like IBM and Google invest billions into developing quantum computers capable of solving complex mathematical equations that baffle traditional hardware. Per market data, other blockchain projects such as Ethereum and Cardano are already exploring "Post-Quantum Cryptography" algorithms to secure their networks. Cybersecurity experts estimate that quantum computers would need millions of physical qubits to break the SHA-256 encryption used by Bitcoin, a milestone not yet achieved.
In terms of market performance, major cryptocurrencies have shown no immediate reaction to these theoretical long-term risks. Looking ahead, traders are monitoring the Lagarde speech scheduled for June 29, 2026, and the Chinese Manufacturing PMI data on June 30, both of which could influence general risk appetite across digital asset markets.