Cryptocurrency quantum computing

cryptocurrency quantum computing

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The Biggest THREAT to Cryptocurrency!? Quantum Computers??
One of the most well-known applications of quantum computers is breaking the mathematical difficulty underlying most of currently used cryptography. In fact, according to a study, cryptocurrencies such as Bitcoin and Litecoin are currently vulnerable to quantum attacks. A Deloitte study found. Quantum computers thus could pose a significant threat to cryptocurrencies and blockchain technology. In response, some developers are already.
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    calendar_month 24.01.2022
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Quantum computers have the potential to break the most advanced cryptographic protocols�including those used for blockchain protocols�in operation today. I was at the Q2B quantum Computer conference today and there was a talk about NSM and the change of the encryption that underlies global finance and data protection. And there are new cryptocurrencies coming out that are saying they are quantum safe, quantum resistant - which means stand up to known attacks by quantum computers.