Quantum computing still has a long way to go before posing a threat to blockchain technology.
Quantum Computing News
Quantum computing is an emerging technology that uses phenomena occurring on an atomic level to resolve complex problems that are beyond the realm of classical computers. Forming the core of superconducting quantum processors, this technology has made it possible to deliver chipsets with increasing computing speeds. In fact, by modeling atomic behavior that can only be seen under a powerful microscope, quantum computing has made it possible to solve tasks involving multiple variables.
Quantum computing use cases can be found in everyday applications, such as electric vehicles. It is even helping organizations to solve problems such as the energy challenge facing all of humanity in the backdrop of increasing carbon emissions. Quantum computers are smaller and lighter and require far less energy than classical computing systems while being more resilient, even in adverse external environments. Transforming the way computers work, quantum computing is introducing new efficiencies in how humans live and interact in an increasingly connected world.
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“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.
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Blockchain solutions are encouraged to fight quantum with quantum as a real threat arises.
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In his latest book, ‘Platform Revolution,’ Don Tapscott explains how blockchain technology has converged with AI, machine learning and IoT.
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The latest quantum computer may not help unlock lost Bitcoin — at least, not yet.
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New Bitcoin model based around quantum analysis predicts a potential BTC price drop as low as $2,000 before the next bull-run proper starts in 2022.
29458 - Expert Take
Artificial intelligence is not something that just happened in 2015 and 2016. It’s been around for a hundred years as an idea, but as a science, we started seeing developments from the 1950s.
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Quantum computing could potentially break much of the encryption algorithms and protocols that currently secure the internet and computational industry as they are.
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The crypto community should be ready for the inevitability of quantum computing: It’s not as distant a future as it might seem.
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Head of cryptography at IoTeX says the blockchain community should address three issues to prevent being overtaken by quantum computers.
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Ethereum co-founder Vitalik Buterin does not think that Bitcoin faces any real threats from Google’s quantum computer just yet.
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Google’s quantum computer could purportedly help improve the random selection process of proof-of-stake cryptocurrencies.
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The recent breakthrough announced by the tech giant does not pose problems for public blockchain cryptography, says the educator.
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Peter Todd argued Google’s latest breakthrough relates to “primitive” quantum tech and likely faces insurmountable costs.
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Quantum computers will not kill blockchain, but they might trigger fundamental changes in underlying cryptography.
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