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53 Neutral

Quantum Risk and Crypto Cryptography Discussed by ARK Invest

Original title: Why Quantum Is One of the Top Questions Wealth Managers Ask ARK

Unchained 9:58 3 views on YouTube ETH −5.7% NEXO −3.0%

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Summary

Justin Drake recently issued a warning that ECDSA could break before Q-Day. This warning has revived fears regarding quantum computing and cryptocurrency cryptography. Lorenzo Valente, director of research for digital assets at ARK Invest, spoke with host Laura Shin on Unchained to discuss why quantum risk is one of the top questions ARK hears from wealth managers. During the discussion, Valente explained how artificial intelligence is pulling forecasting timelines forward by decades. He also discussed his concern that a broken signature scheme could remain hidden within the noise of everyday hacks, and why quantum fears might accelerate the decline of self-custody.

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Key points

  1. Justin Drake warned that ECDSA could break before Q-Day.
  2. Lorenzo Valente of ARK Invest stated that quantum risk is a top question from wealth managers.
  3. Valente noted that AI discoveries are pulling forecasting timelines forward by decades.
  4. Valente expressed concern that a broken signature scheme could hide in the noise of everyday hacks.

Questions

Who is Lorenzo Valente?
Lorenzo Valente is the director of research for digital assets at ARK Invest.
Who hosts the Unchained podcast?
Laura Shin is the founder, CEO, and host of Unchained.

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