Cryptography experts are betting thousands of dollars on how long it will be until quantum computers can render modern encryption methods obsolete – but the smart money seems to be on this being a few decades away.
Writing on a mailing list devoted to post-quantum cryptography – a field that studies encryption methods that are resistant to the increased power of quantum computers – John Mattsson at Ericsson Research in Sweden offered a wager of $2050 that no quantum machine would break…