quantum computing

Digital Scarcity — Billionaire Michael Dell and Michael Saylor Exchange Dialogue on Bitcoin

June 21, 2024 Bitcoin.com

On June 20, Michael Dell, the Chief Executive Officer of Dell, the American technology company known for developing, selling, repairing, and supporting computers and related products and services, shared his thoughts on bitcoin via the social media platform X. This interaction began with a response from Michael Saylor, the founder of Microstrategy. Dell CEO Michael […]

Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Professor From Ripple Research Initiative Urges Crypto Firms Transition to Quantum-Resistant Tech Immediately

May 21, 2024 The Daily Hodl

Blockchain

A mathematics professor and cryptography expert thinks crypto firms need to prioritize setting up defenses against the threat of future quantum attacks. In a new interview with Ripple, Dr. Massimiliano Sala, a professor at the University of Trento in Italy, warns that future quantum computers could “easily solve problems that are foundational to digital signatures,” […]

The post Professor From Ripple Research Initiative Urges Crypto Firms Transition to Quantum-Resistant Tech Immediately appeared first on The Daily Hodl.

Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Quantum Computing Poses Critical Threats to Blockchain Security, Warns Expert

May 20, 2024 Bitcoin.com

Bitcoin

Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital signatures, compromising user assets on blockchain platforms. To mitigate these risks, Sala emphasizes the need to transition to quantum-resistant cryptographic systems. He […]

Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Ripple publishes math prof’s warning: ‘public-key cryptosystems should be replaced’

May 19, 2024 Coin Telegraph

Coin Telegraph

Mathematician Massimiliano Sala says current encryption methods won’t protect blockchain systems from quantum computers.

Professor Massimiliano Sala, of the University of Trento in Italy, recently discussed the future of blockchain technology, as it relates to encryption and quantum computing, with the crew at Ripple as part of the company’s ongoing university lecture series.

Sala’s discussion focused on the potential threat posed by quantum computers as the technology matures. According to the professor, current encryption methods could be easy for tomorrow’s quantum computers to solve, thus putting entire blockchains at risk.

Per Sala:

Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Harvard built hacker-proof quantum network in Boston using existing fiber cable

May 16, 2024 Coin Telegraph

Coin Telegraph

According to the scientists, the 22-mile distance between nodes is the longest quantum fiber network to date.

Physicists at Harvard University have built what they believe is the world’s longest secure quantum communications network using 22 miles of currently existing fiber-optic cables.

The experiment, published in the scientific journal Nature, connected two functional quantum computer nodes to each other through a strange physical phenomenon called “entanglement.” This allowed them to share data across the 22-mile distance in a paradigm that, according to the laws of physics, is unhackable.

The world is currently embroiled in a technological race to shore up global computer security ahead of “Q Day,” a hypothetical point in the near future when bad actors will have access to quantum computers powerful enough to shred current encryption methods.

Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

QANplatform launches world’s first quantum-resistant, EVM-compatible testnet

May 7, 2024 Coin Telegraph

Blockchain

Quantum computers will be able to crack today’s main cryptographic algorithms employed by the whole internet, including banking applications, email providers, and social media platforms.

QANplatform launched the world’s first quantum-resistant blockchain testnet compatible with the Ethereum Virtual Machine (EVM), enabling the development of quantum-resistant smart contracts.

The new testnet will enable developers to write smart contracts using any programming language, according to QANplatform’s announcement shared with Cointelegraph.

This marks the first EVM-compatible testnet with quantum-resistant cybersecurity, according to Johann Polecsak, co-founder and CTO of QANplatform, who told Cointelegraph:

Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Q-Day approaching: Can Ethereum survive a quantum emergency?

April 26, 2024 Coin Telegraph

Coin Telegraph

Quantum computing is the next most significant disruptive technological leap and its rapid evolution and funding will soon make it a reality.

Quantum computing may seem like science fiction, but it may come sooner than expected.

On Jan. 11, 2024, the World Economic Forum identified artificial intelligence (AI) and quantum computing as emerging threats in a report exploring how quantum computing could threaten the existing tech landscape.

While computer scientists and developers agree that quantum computing will still take some years to develop, research in the field is very active.

Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak

April 26, 2024 Bitcoin.com

bitcoin.com

As the prospect of quantum computers breaking today’s cybersecurity standards edges ever closer, Johann Polecsak, co-founder of the QAN blockchain platform, argues that public blockchains such as Bitcoin, Ethereum, and Solana are still ill-equipped to adopt post-quantum cryptography without significant user impact. Post-Quantum Migration Risks Polecsak, an advocate for heightened awareness of imminent quantum attacks, […]

Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Harvard scientists claim breakthrough, ‘advent of early error-corrected quantum computation’

December 7, 2023 Coin Telegraph

Coin Telegraph

The team’s results, once reviewed, could represent a significant milestone in quantum computing research.

When industry insiders talk about a future where quantum computers are capable of solving problems that classical, binary computers can’t, they’re referring to something called “quantum advantage.”

In order to achieve this advantage, quantum computers need to be stable enough to scale in size and capability. By-and-large, quantum computing experts believe the largest impediment to scalability in quantum computing systems is noise.

Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Moody’s launches quantum-as-a-service platform for finance

December 6, 2023 Coin Telegraph

Coin Telegraph

The platform allows clients to compare and benchmark quantum and classical algorithms for a given task.

According to the Moody’s Analytics website, QFStudio is a software-as-a-service (SaaS) offering that will serve as “a continuous integration, benchmark, and delivery platform” for quantum computing solutions.

The burgeoning quantum computing sector is expected to experience steady growth over the next few decades. A recent forecast predicted that quantum computing technologies would grow from a market capitalization in the United States of about $138 million in 2022 to $1.2 billion by 2030.

Currently, most of the focus in quantum computing is on research and development. Companies such as IBM, Microsoft, Google, D-Wave and Rigetti have quantum, cloud-based quantum and hybrid quantum computing offerings on the market, but most of these solutions are geared toward early movers exploring use cases.

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