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With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. Amidst red hot inflation in the U.S., President Joe Biden notes that gas … Read more
According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most of today’s digital communications, including cryptocurrencies, leverage public key encryption and CISA believes when “quantum computers … Read more
Quantum computing still has a long way to go before posing a threat to blockchain technology. Go to Source Powered by WPeMatico
BIS’s cryptocurrency market intelligence platform will be launched under the Eurosystem Centre initiative to provide vetted data about crypto projects. Go to Source Powered by WPeMatico
The QRNG uses a fluctuating quantum system to guarantee unpredictable randomness, which can be used in Web3 gaming and gambling. Go to Source Powered by WPeMatico
The industry may have 10 years or less to devise defenses against quantum computers capable of breaching its elliptic curve cryptography. Go to Source Powered by WPeMatico
“We wanted to test the power of quantum computing on a research case that is hard to solve using classical computing techniques,” said Maryam Haghighi. Go to Source Powered by WPeMatico
“I am all for hope and am a big believer in quantum computing as a potentially disruptive technology,” said Sankar Das Sarma but noted quantum computers are nowhere near being close to cracking cryptography. Go to Source Powered by WPeMatico
“QKD is the only solution that has been mathematically proven to defend against a potential quantum computing-based attack,” JPMorgan emphasized in its announcement. Go to Source Powered by WPeMatico
Argentine billionaire and CEO of the e-commerce platform Mercado Libre, Marcos Galperin says bitcoin is a better store of value than gold. However, the billionaire thinks the crypto will not replace fiat currency due to what he terms the high “energy cost required to process its transfers.” Bitcoin Mining Energy Consumption Misconception Galperin, who has … Read more
