Vitalik's warning about "Quantum Computing threatening Encryption Algorithms" has sparked intense debate within the community, with the key being the progress of related research.

BlockBeats news, on November 20, Vitalik Buterin warned yesterday at the Devconnect conference that Quantum Computing could crack Elliptic Curve Cryptography before the 2028 U.S. presidential election. This statement has sparked intense debate within the community: Crypto KOL Charles Edwards stated that mainstream experts are assessing the risks of Quantum Computing impacting Bitcoin ahead of time. Vitalik's three-year prediction also confirms this point. The crypto industry can no longer ignore this risk. Physics expert David M. Antonelli expressed a contrary view, stating that even the most optimistic forecasts (IBM, Google, Quantinuum) suggest that by 2030 there may only be a few thousand physical Quantum Bits, rather than millions of logical Quantum Bits. Additionally, Tom Lee also shared related reports on Vitalik's warning about “Quantum Computing Threatening Encryption Algorithms.” Although there is controversy over whether the threat of Quantum Computing to the crypto industry can materialize by 2028, the community generally believes that based on the current pace of research progress, Quantum Computing will indeed threaten Encryption Algorithms in the foreseeable future.