Google just released a quantum paper, and it's really a nightmare.

Here's what you need to know:

- Breaking crypto encryption now only requires 500,000 qubits. That’s 20 times less than what experts previously thought was needed.

- An attack could happen in just 9 minutes. Bitcoin’s block confirmation takes longer than that.

- The top 1,000 Ethereum wallets could be cracked in 9 days.

Crypto projects have roughly 3 years to upgrade their security before quantum computers make current encryption obsolete.
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