‘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…
Decrypting Crypto: Cryptocurrencies and the Quantum Computer Threat
Thanks to Shor’s algorithm, cryptocurrencies will be exceptionally vulnerable to a future quantum computing attack.
Quantum Computers vs. Crypto Mining: Separating Facts From Fiction
It has long been a concern that quantum computers could one day undermine Bitcoin and other crypto mining networks, but how realistic is that threat?
Study Indicates Quantum Attack on Cryptocurrency Could Reek a 99.2% Collapse in Value?
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.
When – If Ever – Quantum Computing Arrives, Could it Kill Blockchain?
The introduction piques our interest. Quantum computing may be here in 5 years – or 15 years – and that has been said for a number of years now. The spectre of quantum computing over blockchain may be more myth than reality — at least for a long time to come. Or maybe not. But […]
Quantum Resistant Cryptocurrency: The Crown Sovereign
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.
Is Quantum Computing’s Spectre Over Cryptocurrency a Bona Fide Concern?
Here’s How Quantum Computers Will Really Affect Cryptocurrencies Read More… + There’s been a lot of focus recently on encryption within the context of cryptocurrencies. Taproot being implemented in bitcoin has led to more cryptographic primitives that make the bitcoin network more secure and private. Its major upgrade from a privacy standpoint is to make […]
Securing Your Cryptocurrency With Post-Quantum Cybersecurity is Becoming an Option
01 Communique partners with ixFintech and Polydigi Tech to augment ixWallet against mounting cyber security risks 01 Communique Laboratory Inc. (TSXV:ONE)(OTCQB:OONEF) (the “Company”) one of the first-to-market enterprise level cybersecurity providers for the quantum computing era, announced May 26, 2021 its collaboration with ixFintech and Polydigi Tech to augment the security and protection of ixWallet […]
Canada’s Quantum Numbers Corp Reveals Plans to Commercialize Its Quantum Random Number Generator
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 “Corporation”) (TSX-V: QNC; OTCMKTS: QNCCF; F: 34Q) is pleased to announce its intention to commercialize its first QRNG product to address cybersecurity threats in the data centers, blockchain and Bitcoin […]
Quantum Computing: Clearing Traffic Jams and Other Benefits to the Automotive World
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 quantum computer to avoid traffic jams Read More… + Traffic optimization systems + A year ago in Lisbon (Portugal) Volkswagen carried out the world’s first pilot project for traffic optimization […]