Being a Devil's Advocate for Blockchain

in quantumcomputers •  7 years ago 

Just came across this interesting blog from MIT Business Review about the security of block chain. We expect block chain to be the most secure and cannot be hacked by attackers, what about quantum computers with super specs who can reverse engineer the encryption within seconds during early faces of each crypto transaction. With the commodity hardware becoming cheaper day by day. Its becoming more easy to setup supercomputers, although, they not are commercialized to an extend where two guys in a garage can spin it up. But that day it not far and since so much promise is being delivered to the world about this technology we need to think securing it in any way possible.

[Read more here:] https://www.technologyreview.com/s/608041/first-quantum-secured-blockchain-technology-tested-in-moscow/

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @mohammedayub44! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!