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Ethereum Targets 2029 for Quantum-Ready Layer 1

Ethereum aims for a quantum-resistant Layer 1 by 2029, urging Bitcoin and others to bolster security against quantum threats. CryptoCurrencyWire reports.

Quantum computing poses a significant threat to blockchain security, as it could potentially break the cryptographic algorithms that protect digital assets. Ethereum's proactive roadmap to become quantum-resistant by 2029 sets a precedent for the industry, pressuring other networks like Bitcoin to follow suit. This matters because the integrity and value of cryptocurrencies depend on robust security. Investors and users should monitor these developments to ensure their assets remain safe in a post-quantum world.