Cryptographers place $5,000 bet whether quantum will matter

The article discusses disagreement among cryptographers over when quantum computers will pose a real threat to current cryptographic algorithms, noting NIST's push for post-quantum cryptography, skeptics who downplay the near-term risk, and recent research (including Google updates) that has prompted calls to accelerate the PQC transition. It also describes a proposed $5,000 wager between Filippo Valsorda and Matthew Green: Valsorda bets on the security of a PQC algorithm (ML-KEM-768) while Green bets on the vulnerability of X25519, emphasizing uncertainty about timelines for cryptographically relevant quantum computers.