quantum computing
Project Eleven Raises $6M to Defend Bitcoin From the Coming Quantum Threat
Project Eleven is also offering 1 BTC to the first team to break an elliptic curve cryptographic key using a quantum computer.
Asia Morning Briefing: Crypto Industry 'Unprepared' For Quantum Threat Says Analyst
PLUS: BTC is developing a correlation with Japanese 30-year bonds.
Quantum Computing Could Break Bitcoin-Like Encryption Far Easier Than Intially Thought, Google Researcher Says
A new research paper from a Google researcher slashed the estimated quantum resources needed to break RSA encryption, which is used by some crypto wallets.
Quantum Computing Group Offers 1 BTC to Whoever Breaks Bitcoin's Cryptographic Key
Quantum computers can rapidly break the cryptographic algorithms that secure blockchain networks.
The Protocol: EigenLayer Ready to Launch Missing Feature
Also: Bitcoin L2 SDKs; North Korea's THORChain Use; and Quantum-Resistant BTC
Bitcoin Developer Proposes Hard Fork to Protect BTC From Quantum Computing Threats
The proposal outlines a plan to enforce a network-wide migration of BTC from legacy wallets to ones secured by post-quantum cryptography.
Quantum Startup BTQ Proposes More Energy Efficient Alternative to Crypto's Proof of Work
A new paper proposes using a method called "coarse-grained boson-sampling" to validate the proof of work process and reward successful miners.
The Protocol: A Quantum Threat to Bitcoin?
Also: An Ethereum dev's defection to Solana; Polygon's big proving-system flex; crypto's most influential
BTQ Prepares Today to Defend Against Tomorrow’s Quantum-Computing Threat
Blockchains face existential peril from super-fast computers that can break the encryption protocols on which crypto depends. Quantum computers aren’t here yet, but if developers wait to devise defenses the fight will be over before it’s begun. That’s why BTQ is one of CoinDesk’s Projects to Watch 2023.
‘Father of Cryptocurrency’ David Chaum Discusses Quantum-Resistant Digital Currency, Web 3 Development, Satoshi Identity Mystery and More
David Chaum, world-renowned cryptographer, privacy advocate, and CEO of distributed messaging platform Elixxir, shares insights on the innovation and potential problems of Web 3. Plus, the “Father of Cryptocurrency” discusses who could be Satoshi Nakamoto, the pseudonymous creator of Bitcoin, and what quantum computing could mean for existing blockchain protocols, bitcoin and beyond.
