Why Quantum Computing’s Threat to Crypto May Be Further out Than Previously Thought
According to one researcher, quantum computing faces more hurdles than many realize when it comes to achieving viability in breaking encryption. In a recent report Dr. Subhash Kak, Regents Professor of Electrical and Computer Engineering at Oklahoma State University, notes that there are issues such as “noise” and error correction that render the buzz about […]
The post Why Quantum Computing’s Threat to Crypto May Be Further out Than Previously Thought appeared first on Bitcoin News.
Trying to crack a private key with a brute force attack is a bit like trying to count to infinity: the sooner you begin, the faster you’ll never get there. Despite being as next to impossible as impossible gets, using a brute force attack to crack a bitcoin private key remains an intriguing idea for […]
In Monday’s edition of The Daily we cover the news that Bittrex exchange has invested in a new Malta-based trading platform aimed at institutions, and a research report which predicts that the crypto ATM market will grow by over 50% a year and more. Also Read: Petro Has No Users, No Investors and No Oil to […]
Key protocols securing technology undergirding bitcoin are “susceptible to attack by the development of a sufficiently large quantum computer,” researchers mostly from Singapore claim in a recently-released paper, Quantum attacks on Bitcoin, and how to protect against them (Quantum), made available through the Cornell University Library. Also read: Is Bitcoin at Risk as Google and […]
