‘Like Y2K’: Will Quantum Computing Be the End of Cryptocurrencies?
Everything that currently exists right now will need to be retrofitted. And that is a big, big job. It’s a bit trite to say, but… equate it to the whole Y2K issue…
Everything that currently exists right now will need to be retrofitted. And that is a big, big job. It’s a bit trite to say, but… equate it to the whole Y2K issue…
Everyone was stunned when the new mayor of New York City Eric Adams announced he was planning to receive his first three paychecks in Bitcoin, the cryptocurrency that’s been dominating the financial headlines for the past year. The mayor of Miami, Francis Suarez, had already announced he would accept his first paycheck 100% in Bitcoin. The mayoral announcements are still more signs that cryptocurrencies are no longer esoteric investments for the super-rich (or super-crooks) but have entered the financial mainstream. Back in May Deutsche Bank pronounced Bitcoin the third biggest world currency in terms of circulation. Only the euro and the U.S. dollar are bigger.
Bitcoin.com announced that it will be listing a quantum-resistant cryptocurrency, the Crown Sovereign, on the Bitcoin.com Exchange in late September. Protected with a next-generation approach to One-Time Pad encryption, the Crown Sovereign ensures the timeless protection and value of users’ sensitive data, even alongside the emergence of quantum technology. The launch is a significant achievement for Crown Sterling as it seeks to empower data sovereignty in the dawn of quantum computing with next-generation AI encryption products.
Quantum to Commercialize Its First QRNG Product to Address Cybersecurity Threats in the Data Centers, Blockchain and Bitcoin Industries Quantum Numbers Corp. (“Quantum” or the
Easy to understand, broad ranging, and a quick read for the unfamiliar. Recommend reading it from the source. Because Quantum is Coming. Qubit Use a
The worth in this piece from the quantum computing standpoint is simple: Fidelity is testing out a new crypto data platform. It’s born out of
Threat of Quantum Computing to Bitcoin Should be Taken Seriously, But there’s Enough Time to Upgrade Current Security Systems, Experts Claim Read More… + LocalBitcoins,
The New World of Cybersecurity Points to note… + Like many emerging technologies, quantum computing brings both new opportunities and new challenges. While fully functioning
Dissenting Voices: No Need for Quantum Cryptography Experts Split on Practical Implications of Quantum Cryptography Key points… + Scientists in China were able to exchange
The Bit About Bitcoin, Cryptocurrencies, Quantum Computers, and Teleportation Entanglement for Quantum Computing Chips Achieved, Will Bitcoin Keep Up? In brief ~ + The applications