While CRQCs capable of breaking current public key encryption algorithms have not yet materialized, technological advancements are pushing us towards what is ominously dubbed ‘Q-Day’—the day a CRQC becomes operational. Many experts believe that Q-Day, or Y2Q as it’s sometimes called, is just around the corner, suggesting it could occur by 2030 or even sooner; some speculate it may already exist within secret government laboratories.