Adam Back Dismisses Quantum Threat to Bitcoin as Overstated
Quantum systems capable of breaking the cryptography of the first cryptocurrency are unlikely to emerge for another 20-40 years, according to cypherpunk Adam Back.The study and development of quantum computing technologies.
Adam Back Dismisses Quantum Threat to Bitcoin as Overstated
Quantum systems capable of breaking the cryptography of the first cryptocurrency are unlikely to emerge for another 20-40 years, according to cypherpunk Adam Back.
IBM claims a breakthrough in quantum computing
IBM unveiled a new processor and an experimental chip for fault-tolerant computing, and set out plans to achieve quantum supremacy by 2026.
Willy Woo suggests SegWit as a shield against bitcoin’s quantum risk
Analyst Willy Woo has proposed shielding bitcoin from the quantum threat by moving funds to SegWit addresses.
Mysten Labs: AI in North Korean hackers’ hands is more dangerous than quantum computing
Artificial intelligence is a more serious threat to cryptocurrencies than quantum computing, said Mysten Labs cryptographer Kostas Chalkias.
Solana Founder Warns of Quantum Threat to Bitcoin
The community must hasten the implementation of measures to protect the leading cryptocurrency from quantum threats, as advancements in computing may surpass expectations, stated Solana co-founder Anatoly Yakovenko.
New York Welcomes Its First Quantum Computer
The British startup Oxford Quantum Circuits has installed the first quantum computer in New York at a data centre in Manhattan.
Quantum Computer Cracks ‘Tiny’ Cryptographic Key
Engineer Steve Tippeconnic has cracked a six-bit cryptographic key on ECC using IBM's quantum computer.
US Proposes Plan to Shield Assets from Quantum Threats
In the SEC, a concept for a Unified Tokenized Ledger was unveiled. The project is detailed in a document proposing the creation of a financial infrastructure resilient to quantum threats.
El Salvador Shields Its 6284 BTC from Quantum Threat
The government of El Salvador has distributed its National Strategic Bitcoin Reserve, amounting to 6284 BTC (~$680 million), across 14 new addresses due to potential threats from quantum computing.
India backs ‘quantum’ startup QpiAI
QpiAI, an Indian startup focused on combining artificial intelligence and quantum computing, has raised $32 million in a new Series A round. The government of India participated as a co-investor, reports TechCrunch. The funds will be directed towards developing industrial-scale quantum computers for the global market. The government became one of the lead investors under […]
Quantum Computer Cracks 22-bit RSA Encryption
Researchers at Shanghai University in China have used a quantum computer to factor a 22-bit integer in the RSA encryption algorithm. This was reported by Earth citing the study. “Using the [device] D-Wave Advantage, we successfully factored a 22-bit RSA integer, demonstrating the potential of quantum machines for solving cryptographic problems,” the authors write. Previously, […]
IBM to Develop Fault-Tolerant Quantum Computer by 2029
IBM plans to create the world’s first large-scale fault-tolerant quantum computer, the IBM Quantum Starling, by 2029. This announcement was made in the company’s updated roadmap. IBM Roadmap. Source: IBM. The technology will be capable of performing 100 million quantum operations using 200 error-resistant qubits. The computer will be housed at IBM’s data center in […]We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.