Threat of Quantum Computing - a real challenge going forward

in cryptocurrency •  7 years ago 

3 crypto currencies working on this probem. Cardano, Quantum1Net and Quantum Resistant Ledger should be in your quantum portfolio.
A study concludes how large-scale quantum computing will effectively break the security of public key cryptography.
This will have all kinds of different consequences for solutions built on top of this technology. It extends well beyond cryptocurrencies and blockchain as well. Most online communication services in the world rely on public key cryptography as of right now.
A future without cryptography is unthinkable as of right now. This technology forms the foundation of virtually everything we do online. With a growing interest in cryptocurrencies and blockchain, public key cryptography will only become more commonly used as well.
The Cardano Foundation wants to lead the charge in addressing future issues associated with quantum computing. Folks keep an eye on ADA!

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7 years ago by

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