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Foundationย โขย 8m
Thats right. But like quantum computing, the safety measures are also at very early stages. Upgrading cryptos like BTC and ETH to quantum-resistant is a big task coz it will have to change the complete infrastructure. BTC code has to be rewritten, but working algorithms for that arent yet developed. Also current BTC communities have to give their consensus for the upgrade. Failure of both these will lead to many forks. Another issue can be validation of previous blocks with the new change leading to many incomplete transactions. But atm we found only few algorithms that can attack us, but there will be more. So even the counter algorithms that are being developed are at early stage, and we dont know if those can be challenged by quantum computers or not
Introvert!ย โขย 6m
What Quantum computing can do ? Quantum computing ๐ฅ๏ธ is going to change the way tech companies operate. It will reduce ๐ป many costs and do complex calculation faster than anything else. Recently in a big shift Amazon introduced quantum computing
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If your knowledge about quantum computing is limited, here is the medial post to make you understand. I did deep research ๐ซก๐ฅโฌ๏ธ QUANTUM COMPUTING๐ฅ๏ธ Quantum computing is a rapidly advancing field of computing that utilizes the principles of quantu
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Quantum Leap: A Space-Based Quantum Revolution Imagine a world where quantum computing, once confined to labs, is as accessible as the internet. SpaceX's Starlink network, a constellation of satellites, could host quantum computers, creating a global
See MoreIntern at YourStory ...ย โขย 1y
Q-Day, or Y2Q (Years to Quantum), is the date when quantum computers are expected to be able to break public-key cryptography. Cybersecurity and quantum security experts estimate that Q-Day will occur within the next decade. Some say it could happen
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India is now standing close to China and the USA in the field of quantum mechanics. While we may have fallen behind in AI, we are making significant strides here. IBM and TCS have launched Indiaโs largest quantum computer in Andhra Pradesh, often re
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This is certainly huge development in the tech world โก๏ธ Potentially, it will save billions ๐ฅ Amazon Web Services (AWS) has introduced its first quantum computing chip "Ocelot" which claims to reduce๐ป the costs๐ฐof implementing quantum error correc
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Foundationย โขย 8m
Not just BTC, quantum can beat encryption of every app and software in the world. None were designed against such strong computational power Quantum computers are used to achieve ultra high computational speeds in research labs using extreme low tem
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๐ฃ U.S. Plans for Creating a Strategic BTC Reserve ๐บ๐ธ โข Annual purchase of 200,000 BTC, totaling 1 million BTC over 5 years ๐ฐ โข Storage will be decentralized across the entire country for at least 20 years (exception โ paying off national debt
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You people suggested that bitcoin will be used as digital currency in the future but how can a cryptocurrency which too volatile can be used instead of currency. Imagine you pay some btc for the food you buy and the next day btc crashes 5 % then the
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