AllianceDAO co-founder QwQiao said in a post that almost no one is currently capable of breaking modern cryptography, adding that only a very small number of laboratories may have such capabilities. He argued that even if those institutions did possess that level of technology, they would be unlikely to expose what he described as a strategic capability merely to steal relatively low-value crypto assets. Based on that view, QwQiao said ordinary crypto asset holders do not need to be overly alarmed. The remarks were reported by Odaily in a brief news update.
According to Odaily, AllianceDAO co-founder QwQiao said in a post that almost no one can currently break modern cryptography, and that perhaps only a very small number of laboratories may have that capability.
He said that even if such institutions had access to that kind of technology, they would be unlikely to reveal what he described as a strategic-level capability just to steal relatively low-value crypto assets. In his view, ordinary crypto holders do not need to be overly panicked about the issue.
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