View full page at cryptocraft.com

 

Bitcoin braces itself for a quantum computing onslaught

From theweek.com

Quantum computing, the prospect of advanced computations beyond the binary limitations of ones or zeros, may be the harbinger of advancements to come. But cryptocurrency adherents are starting to wonder if their digital monetary system is ready for what this new age of data processing might bring. The "technological leap" of quantum computing could "pose new risks" to cryptocurrency users and potentially "undermine the cryptographic backbone of blockchain," said quantum computer developer Yuval Boger at Forbes. Although the "immediate risks are low," the future could see "large-scale, error-corrected quantum ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis