a16z Expert Points Out 'Exaggeration Tendency' in Cryptocurrency Quantum Threats

Justin Taylor, from the cryptocurrency division of the major venture capital firm Andreessen Horowitz (a16z), emphasized that the realization of practical quantum computers as a cryptographic technology is still in the distant future, urging the cryptocurrency industry not to fall into panic over quantum threats.

Taylor, a research partner at a16z and an associate professor in the Computer Science Department at Georgetown University, stated that extreme predictions such as 'public key cryptography will be broken in two years' or '100 years from now' are both incorrect. He mentioned that the practicality of cryptography decryption by 2030 is highly unlikely...