In a conversation on the Epicenter podcast, Ethereum co-founder Vitalik Buterin addressed the looming threat posed by quantum computing—an often-cited existential risk for modern cryptography and blockchain networks. While many in the crypto industry regard quantum attacks as a distant or even speculative concern, Buterin offered a more nuanced and data-driven assessment, rooted in current research and technical forecasting.
Buterin was careful, however, to distinguish between hype and reality. “There’s a lot of grift in the quantum space,” he warned. Some organizations claim to have quantum computers, but what they often showcase are quantum adiabatic machines—devices that may be “technically quantum” in structure, but are functionally incapable of executing the kinds of operations necessary to pose a real threat to cryptographic infrastructure. “They basically can’t really do anything that interesting that classical computers can’t do,” he clarified.
Buterin concluded on a note of cautious optimism: “So I’m actually very optimistic that Ethereum will be able to cover it.” The community’s proactive stance on post-quantum security, combined with the slow and measurable pace of quantum progress, appears to offer a reasonable window for transition.
At press time, ETH traded at $3,040.