Mathisen Marketing

Your Marketing Blog

Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery – Bitcoin News

Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

[ad_1] Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

According to reports circulating on the Internet, 24 Chinese researchers have succeeded in cracking the RSA encryption using a quantum computer. This would be a significant achievement, as RSA encryption is widely used in current information security practices. However, several experts, computer scientists and cryptographers do not believe that researchers have made a significant discovery based on a scientific paper published in December 2022.

The quantum computing race heats up as Chinese researchers claim a breakthrough in RSA encryption

In September 2022, the US Cybersecurity and Infrastructure Security Agency (CISA) warned that a post-quantum world is coming soon and stressed that modern encryption technologies could be broken. Months later, in December 2022, a scientific paper published by 24 Chinese researchers claimed to have broken the 2048-bit RSA cipher using a quantum computer. The paper follows an April 2022 report that said China was “leading” the quantum computing race.

Chinese researchers claim to have succeeded in breaking RSA encryption with a quantum computer, experts dispute the veracity of the discovery

Basically, a quantum computer is a type of computing device that uses quantum mechanical phenomena and can perform operations on data faster than traditional computers can perform computational tasks. Named after its creators Ron Rivest, Adi Shamir, and Leonard Adleman, RSA is widely used in today’s computer systems. It is an example of a public key cryptosystem, which means that modern computers often use it to encrypt and decrypt messages.

On January 5, 2023, the Financial Times (FT) reported that Chinese researchers have claimed success in breaking RSA encryption. The FT asked a few experts about the paper, and Roger Grimes, a security expert and author, told the FT: “It’s a huge claim – it would mean that governments could crack other governments’ secrets. If it’s true – a big if – it would be a secret like of movies, and one of the greatest things in computing ever.”

There’s also a Google Groups discussion where people wonder if Chinese researchers have considered 2048-bit integers. Bruce Schneier, an expert in computer security and cryptography, published an analysis stating that the paper is based on a controversial paper written by German mathematician Peter Schnorr. Schneier also shared with the Financial Times his opinion on the so-called quantum computing breakthrough. “We have no empirical evidence for that [new] quantum algorithm overcomes the Schnorr scaling problem,” Schneier told the FT. “There’s no reason to believe it wouldn’t – but there’s no reason to believe it will.”

The potential of quantum computing to break modern encryption techniques has worried crypto supporters for some time. However, some believe that if quantum computers can break the encryption, it will be a closely guarded secret. When asked if a quantum computer could break Bitcoin’s cryptography, Bitcoin evangelist Andreas Antonopoulos once said, “The last thing they’re going to use it for is Bitcoin.” Antonopoulos added:

The moment you use it in Bitcoin, you are announcing to the world that we have quantum cryptography that can be broken [the] elliptic curve – Guess what happens? Your core competitors upgrade their encryption technology very easily and try to implement quantum resistant encryption algorithms.

Speaking to the FT, cryptography expert Bruce Schneier noted that while the researchers’ paper may prove to be unfounded, the race for a quantum computer to crack encryption is heating up. “The bet is, as in all these cases, breaking the RSA won’t work — but one day that bet will be wrong,” Schneier said.

Tags in this story

2048-bit integers, Adi Shamir, betting, breakthrough, Bruce Schneier, Chinese researchers, CISA, traditional computers, computational tasks, computing, computer science, security, crypto, cryptographic algorithms, cryptography, elliptic curve, empirical proof, encryption, Google Groups, Leonard Adleman , film , nuclear contenders , Peter Schnorr , proponents , public key , Quantum , quantum resistant , Roger Grimes , Ron Rivest , RSA , Schnorr scaling problem , secrets

What do you think of reports of Chinese researchers who have claimed success in cracking modern encryption techniques using a quantum computer? Let us know what you think about this topic in the comment section below.

Jamie Redman

Jamie Redman is the news director of Bitcoin.com News and a financial technology reporter based in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source and decentralized applications. Since September 2015, Redman has written over 6,000 articles for Bitcoin.com News about disruptive protocols appearing today.




The authors of the picture: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for information only. It is not a direct offer or solicitation of an offer to buy or sell, or an endorsement or endorsement of any product, service or company. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author shall be liable, directly or indirectly, for any damages or losses caused or alleged to be caused by or in connection with the use of or reliance on the content, goods or services mentioned in this article.



[ad_2] Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts

  • Record-Breaking 164 Million Daily Transactions, Market Cap Reaches $2.9 Billion

    Record-Breaking 164 Million Daily Transactions, Market Cap Reaches $2.9 Billion

    [ad_1] Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase In a groundbreaking achievement, the crypto industry has witnessed a record-breaking 164 million daily transactions, with the market cap reaching a staggering $2.9 billion. This unprecedented surge in daily transactions is a testament to the growing popularity and adoption…

    Read More

  • Ethereum Faces Market Tremors As Celsius Offloads $1 Billion in ETH

    Ethereum Faces Market Tremors As Celsius Offloads $1 Billion in ETH

    [ad_1] Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Ethereum, the second-largest cryptocurrency by market capitalization, is currently facing market tremors after Celsius Network, a cryptocurrency lender, offloaded a staggering $1 billion worth of ETH (Ethereum) tokens. The move by Celsius Network has raised concerns among investors and…

    Read More

  • Binance Smart Chain (BSC) Market Cap Hits New Milestone, Registering 48% QoQ Surge

    Binance Smart Chain (BSC) Market Cap Hits New Milestone, Registering 48% QoQ Surge

    [ad_1] Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Binance Smart Chain (BSC) has been making waves in the cryptocurrency world, and its market cap has recently hit a new milestone, registering a 48% quarter-over-quarter (QoQ) surge. This impressive growth is a testament to the increasing popularity and…

    Read More