Quantum Computing: Is it the end of blockchain?

in blockchain •  6 years ago 


Experts are suggesting quantum computing may render blockchain obsolete. As the tech giants such as Google and IBM are showing interest in Quantum computing the danger is evident. According to MIT Technology Review, this type of computing can hack the cryptography hash that universally secures the blockchain and in general the internet. This would suggest quantum computers may complete fraudulent transactions and steal coins. With its exponential power, quantum computers threaten blockchain’s future security.
Check out the full article here.
https://hackernoon.com/quantum-computing-is-it-the-end-of-blockchain-9ce4a9664720

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