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Google Accidentally Created a Major Threat to Crypto
Is your portfolio ready for what’s coming?
GM. This is Touching Grass. We’re like that friend who makes you laugh while your wallet grows.
Here’s what we’ve got for you today:
This week in one number
Quantum Computing Is Coming for Crypto
Weekly Wisdom
That's the current value of a single Pudgy Penguin NFT.
Only three PFP collections have ever hit the six-figure milestone: CryptoPunks, BAYC, and now, Pudgy Penguins.
Quantum Computing Is Here: Is Your Portfolio Prepared?
Google's Willow Quantum Chip
Google’s new Willow quantum chip just dropped, and it’s a game-changer.
Scalable quantum computing is no longer sci-fi — it’s happening. And when it does, the cryptography behind major cryptocurrencies could crack wide open.
Here’s how to prepare your portfolio for this new era:
Are Major Cryptos Ready for the Quantum Era?
Bitcoin (BTC): Vulnerable. Its SHA-256 encryption is a prime target. There’s chatter about quantum-resistant upgrades, but nothing concrete yet.
Ethereum (ETH): Vulnerable. ECDSA doesn’t stand a chance against quantum attacks. Vitalik is already working on post-quantum cryptography, but the clock’s ticking.
Solana (SOL): Same story as ETH—high risk, minimal solutions so far. The team is researching, but no solid plans are in motion.
XRP: Vulnerable too, but Ripple’s ahead of the curve. They’re actively exploring quantum-resistant options.
Who’s Ready for the Quantum Leap?
Great question! The good news is that some are stepping up to the quantum challenge.
Here are the ones to watch (NFA, DYOR):
Quantum Resistant Ledger (QRL)
Why it matters: Purpose-built for quantum resistance.
Uses XMSS (eXtended Merkle Signature Scheme - yes, that's its real name) to protect transactions.
IOTA (MIOTA)
Why it matters: It uses a unique Tangle technology.
It’s fast, feeless, and already exploring quantum-resistant signatures.
Cellframe Network (CELL)
Why it matters: Cellframe is all about secure and scalable solutions. It supports multiple blockchains and allows developers to create their own, all while ensuring quantum resistance
QANplatform (QANX)
Why it matters: QANplatform is a hybrid blockchain that supports both public and private transactions.
It integrates post-quantum encryption to protect your data from quantum computers.
Algorand (ALGO) & Cardano (ADA)
Why they matter: Not quantum-proof yet, but making steady moves.
Both projects are architected for flexibility, which means easier upgrades in the quantum era.
The Bottom Line
Most crypto teams know this and are racing to secure their protocols.
But here’s the opportunity: keep your eyes on the leaders in quantum resistance. The projects pushing this narrative are where the future—and the profits—lie.
The quantum era isn’t just a challenge; it’s your chance to get ahead.
Weekly Wisdom:
dont confuse number go up with increasing adoption or better products
so many ppl made this mistake last cycle
— qw (@QwQiao)
4:50 PM • Dec 6, 2024
DeFi: Pioneering Finance and Blockchain Integration
DeFi Technologies Inc. (CAD: DEFI & US: DEFTF) combines innovation and financial expertise to redefine digital asset investments. With $152M YTD revenue, zero debt, and Nasdaq ambitions, DeFi is unlocking new opportunities in the $3T crypto market. Discover why investors are taking notice.
That's a wrap for today — catch you next Wednesday!
P.S. If you’re looking for trading strategies, a 100x wallets list, and more FREE premium resources, they’re HERE.
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