Quantum based Blockchain is coming

in quantum •  6 years ago  (edited)

A new quantum cryptography-based Bitcoin standard has been proposed that could harden the popular cryptocurrency against the advent of full-fledged quantum computers.

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Bitcoin as it now exists involves traditional public key cryptography and thus could conceivably be hacked by a future quantum computer strong enough to break it. However, quantum cryptography, which is based not on difficult math problems but the fundamental laws of physics, is expected to be strong enough to withstand even quantum computer-powered attacks.

A new Quantum Cryptography-based Bitcoin Standard

One day, thanks to quantum computers, Bitcoin, will no longer be safe. However, the thing that threatens Bitcoin may in fact also be the thing that comes to its rescue.

Read the full story at CryptorTrust KnowledgeCenter

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