Four Separate Threats Quantum Computing Poses to Bitcoin – Blockchain News, Opinion, TV and Jobs
by Kelce S. Wilson, PhD, MBA, J.D. In this article, there are four separate threats to Bitcoin by
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Quantum
Experts Split on Practical Implications of Quantum Cryptography
Scientists in China were able to exchange an encryption key at a distance of 1,120 kilometers, this exceeds the previous best attempt by 1,000 kilometers. Crypto experts discuss whether this could have practical implications for the industry.Hackerproof cryptography?Quantum computers are scarecrows for the crypto industry for years, with some speculating
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Breaking Bitcoin: Crypto Proponents Discuss Honeywell’s 6 Qubit Quantum Computer
On June 19, 2020, the massive industrial firm Honeywell told the public the company is now running a quantum computer that effectively leverages six effective quantum bits, or qubits. Honeywell’s machine is two times more powerful than the quantum computers designed by IBM and Google. With Honeywell revealing the
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D-Wave and NEC Partner to Create ‘Hybrid’ Quantum Applications
“Japan is the birthplace of quantum annealing and has remained a global leader in quantum application development,” said Alan Baratz, D-Wave executive VP of research and development. “Our collaboration with global pioneer NEC is a major milestone in the pursuit of fully commercial quantum applications.” Source
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Will Blockchain survive Google’s quantum supremacy threat?
Just last month, Google dropped some “quantum” bombs that took the whole digital world by storm. The company published a paper in the prestigious scientific journal Nature confirming its ‘Quantum Supremacy’ breakthrough. If the claims have ample substance, it can have significant implications in the long run, with a substantial
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Blockchain Must Solve These 3 Issues to Avoid Quantum Threat: Expert
Blockchain community should immediately begin working on three issues to prevent being overtaken by quantum computers, a cryptography expert says.Xinxin Fan, head of cryptography at privacy-IoT blockchain platform IoTeX, published an article in The International Business Times on Nov. 7, calling the blockchain community to be constantly updated about
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Google’s Quantum Computer Still Far From Useful, Says Vitalik Buterin
Ethereum co-founder Vitalik Buterin is not at all impressed by the perceived threat Bitcoin (BTC) faces from Google’s quantum computer.Buterin took to Twitter on Oct. 23, where he commented on the news that Google had achieved quantum supremacy, meaning that a quantum computer has solved a mathematical calculation that
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Beginners Guide to QAN – Fast, Scalable, and Quantum Resistant
QAN is a quantum-resistant, enterprise-ready blockchain. To date, only one or two other blockchain projects have launched with the quantum threat in mind – Quantum Resistant Ledger is the best-known. However, none of them yet offer any kind of sophisticated smart contract programming capabilities.New blockchain platforms generally claim to be
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Google’s ‘Quantum Supremacy’ Is Not a Threat to Bitcoin and Blockchain
While the theory of Quantum Computing has raised concerns on its ability to decode cryptographic data, the developments made by Google are far from challenging the Bitcoin network.Google‘s latest attempt of attaining supremacy in quantum computing is giving jitters to crypto enthusiasts across the globe. Experts from the tech world
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