Contained in the bizarre world of quantum mechanics—where physical matter has properties of both particles and waves, and subatomic particles exist in multiple states at one time until observed—may lie the key to unparalleled computational speed. While still highly experimental, governments have been investing in research into “quantum computing” for years, and a recent article in Wired notes that last year venture capitalists “plowed a record $1.8 billion into companies working on quantum computing hardware or software worldwide…nearly five times the amount invested in 2019.” Whereas the basic unit of information in traditional digital electronics is the bit (a logical state with two possible values, typically expressed as 0 and…
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IBM: Protect your cryptocurrency today against quantum computing tomorrow
The tech behemoth claims that its cloud services now supports quantum-resistant cryptography that can protect blockchain data from next-generation computing
The announcement explains that while quantum computers can help many difficult-to-tackle challenges in the future, they also pose a major threat to the current cryptography standards that could be easily broken by a fault-tolerant quantum computer with a high qubit count. This includes SHA-256, the encryption algorithm that Bitcoin (BTC) uses to secure the network, with potentially disastrous consequences for the cryptocurrency world.
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Blockchain development booming, says Deloitte
Their Open Source Compass tool aims to make open source software trends easy to follow
Blockchain was among the fastest growing technologies—expanding by 11.3% even this past winter—according consulting giant Deloitte’s new project that tracks open source software development.
