Introduction
Cryptocurrency is an incredibly young technology and it’s still in its infancy when compared to other types of currency. As such, there are many questions about how cryptocurrencies will evolve as they grow older and more popular. One of the biggest concerns is whether or not the current encryption methods used by blockchain projects can survive a revolution in computing power brought on by quantum computers. The good news is that not all cryptocurrencies are equally vulnerable.
In this article, we will examine the potential risks to current cryptographic protocols and discuss
In this article, we will examine the potential risks to current cryptographic protocols and discuss a few of the projects which have already started creating quantum resistant versions of their blockchains.
Quantum computing is a new technology that has the potential to disrupt almost every aspect of life as we know it. It can be used for everything from improving facial recognition software to breaking encryption on sensitive data. While there are many different types…