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Ethereum researcher 
Justin Drake dropped fresh numbers on the quantum threat this morning, posting on X he thinks there's now a coin-flip chance of a quantum computer cracking live cryptography by 2032.
Justin really burying the punchline here:
— David Hoffman (@TrustlessState) June 2, 2026
"So let me attempt to partially fill the silence... Given everything I know, including scary non-public information...
I now put the odds of qday by 2032 at 50%. 10% by 2030... https://t.co/9CTTOaUgm9
What's the Scoop?
- The Breakthrough: On March 31st, Google Quantum AI revealed a 10x speedup for Shor's algorithm against elliptic curve cryptography, demonstrated on secp256k1 (the curve securing
Bitcoin and Ethereum signatures). - Keeping the Secret: After what Google described as engagement with the U.S. government, the team locked its key optimizations behind a zero-knowledge proof, which Drake (a co-author on the paper) framed as a first-of-its-kind act of academic censorship.
- Streisand Effect: That secrecy didn't hold, though. As Drake noted, French quantum researcher André Schrottenloher just independently rediscovered the main optimization and posted it to arXiv, while Google's Craig Gidney admitted in a blog post that he'd sat on the same trick for a year under pressure to keep quiet.
- 10K Qubits: A stealth startup called Oratomic now claims that just 10,000 physical qubits could run Shor on secp256k1 using neutral-atom hardware, a figure Drake called "mind-bogglingly low." After a couple hundred hours researching the tech, Drake said it's real, noting that even Google has opened a neutral-atom lab.
- The Odds: With all this context, Drake now puts q-day (the moment a quantum computer breaks production crypto) at 50% by 2032 and 10% by 2030. The window for migrating to quantum-resistant, hash-based cryptography is getting that much more unforgiving, it seems.
