Quantum Computing is a Threat to Blockchain Security, Study Says
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Quantum Computing is a Threat to Blockchain Security, Study Says
Zug-based blockchain firm Cardano Foundation, the organization behind the popular Cardano blockchain project, and think-tank Z/Yen have published a report examining how quantum computing could threaten the security of public key cryptography.
The two organizations are engaged in a research programme called Distributed Futures, and the report, entitled “The Quantum Countdown: Quantum Computing and the Future of Distributed Ledger Encryption”, is part of the ongoing program. The firms will deeply study blockchain, cryptocurrencies, and artificial intelligence.
Maury Shenk, a technology legal expert, authored the report and finds that if – and when – large-scale quantum computers become available, they would ... (read more)
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