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Quantum Computing Meets Blockchain: Scientists Propose New Version of Proof of Work Consensus – Future of Crypto?
2.6.2023
A newly published research paper from a team of researchers from Australian and American universities, in collaboration with quantum technology company BTQ, has proposed a new approach to the proof-of-work (PoW) consensus mechanism based on boson sampling.
The proposed proof-of-work system, known...
Scientists propose quantum proof-of-work consensus for blockchain
1.6.2023
Boson sampling was once considered a problem looking for a solution. Now, it might be the bridge that brings quantum computing to the blockchain
How does quantum computing impact the finance industry?
4.5.2023
Quantum computing could revolutionize finance by solving complex problems quickly, improving risk management and enhancing cybersecurity measures
BTQ Prepares Today to Defend Against Tomorrow’s Quantum-Computing Threat
17.4.2023
Blockchains face existential peril from super-fast computers that can break the encryption protocols on which crypto depends. Quantum computers aren’t here yet, but if developers wait to devise defenses the fight will be over before it’s begun. That’s why BTQ is one of CoinDesk’s Projects to Watch...
Quantum vs. cloud computing: Key differences?
15.4.2023
Quantum and cloud computing are the future of computer operations. Here’s what they are, their applications, and their main differences
ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review
25.9.2022
With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. Amidst red...
Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break
20.9.2022
According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most...
Why quantum computing isn’t a threat to crypto… yet
9.9.2022
Quantum computing still has a long way to go before posing a threat to blockchain technology
6 Key Points in Vitalik Buterin's Vision for Ethereum Presented at EthCC
22.7.2022
Ethereum (ETH) co-founder Vitalik Buterin outlined his vision for the second-largest project’s future at the Ethereum Community Conference in Paris on Thursday.
The vision included an increased focus on security, stability, and decentralization, as well as the following key points:
Watch...
BIS to launch market intelligence platform amid stablecoin, DeFi collapse
19.6.2022
BIS’s cryptocurrency market intelligence platform will be launched under the Eurosystem Centre initiative to provide vetted data about crypto projects
Quantum-based random number generator for Web3 games and wallets launched
4.5.2022
The QRNG uses a fluctuating quantum system to guarantee unpredictable randomness, which can be used in Web3 gaming and gambling
Quantum computing to run economic models on crypto adoption
22.4.2022
The industry may have 10 years or less to devise defenses against quantum computers capable of breaching its elliptic curve cryptography
Polygon launches ‘Supernet’ chains, pledges $100M to Web3 developers
22.4.2022
The layer-2 scaling solution continues its focus shift to Web3, a broad concept that refers to the blockchain-powered internet
Quantum Simulations Predict that Merchant Crypto Adoption Could Spread in 'Cliques'
19.4.2022
Quantum computer simulations conducted by researchers at quantum computing startup Multiverse Computing and the Bank of Canada have shown that crypto adoption among merchants can spread in “cliques of firms”, as individual firms generally base decisions on what their partners do....
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Quantum computing firm simulates adoption of crypto payments
14.4.2022
“We wanted to test the power of quantum computing on a research case that is hard to solve using classical computing techniques,” said Maryam Haghighi
Quantum computers are many years away from cracking crypto: MIT Tech Review
31.3.2022
“I am all for hope and am a big believer in quantum computing as a potentially disruptive technology,” said Sankar Das Sarma but noted quantum computers are nowhere near being close to cracking cryptography
JPMorgan unveils research on quantum resistant blockchain network
18.2.2022
“QKD is the only solution that has been mathematically proven to defend against a potential quantum computing-based attack,” JPMorgan emphasized in its announcement
Argentine Billionaire Marcos Galperin Says Bitcoin a ‘Better Store of Value Than Gold’ as Officials Plan to Print More Pesos
15.1.2021
Argentine billionaire and CEO of the e-commerce platform Mercado Libre, Marcos Galperin says bitcoin is a better store of value than gold. However, the billionaire thinks the crypto will not replace fiat currency due to what he terms the high “energy cost required to process...
Talking Digital Future: Quantum Computing and Cryptography
19.3.2020
Does quantum supremacy’s achievement remain a theoretical dream of a distant future, or the day of the quantum revolution not so far away?
Blockchain and Quantum Computing: The Game-changing Technologies
29.2.2020
The similarity between blockchain technology and Quantum computing is their evolutionary nature. Both these innovations are new kids on the block and have been still under the development phase. The applications of blockchain technology and Quantum computing are quite diverse, too, and if applied...