The #Crypto industry’s head was on a swivel this week after a Google announcement that some investors feared could threaten the foundation of bitcoin. On Monday the tech giant said its latest “quantum chip” (meet Willow) solved a computation in under five minutes that’d take modern supercomputers 10 septillion years to work out. Crypto’s concern: quantum computers could one day undermine bitcoin’s encryption (as well as other coins’ security) and in the process defeat the integrity of the $2T blockchain.

https://www.forbes.com/sites/ansellindner/2024/12/12/googles-quantum-computing-leap-what-it-means-for-bitcoins-security/

 #Science is awesome 🧬🦾🚀🤯 
 #ScholER

Google’s Quantum Computing Leap: What It Means For Bitcoin’s Security

Crypto

Science is awesome 🧬🦾🚀🤯

ScholER

The #Crypto industry’s head was on a swivel this week after a Google announcement that some investors feared could threaten the foundation of bitcoin. On Monday the tech giant said its latest “quantum chip” (meet Willow) solved a computation in under five minutes that’d take modern supercomputers 10 septillion years to work out. Crypto’s concern: quantum computers could one day undermine bitcoin’s encryption (as well as other coins’ security) and in the process defeat the integrity of the $2T blockchain.  https://www.forbes.com/sites/ansellindner/2024/12/12/googles-quantum-computing-leap-what-it-means-for-bitcoins-security/   #Science is awesome 🧬🦾🚀🤯   #ScholER

Bobby

This 2014 article says China was developing a “hack-proof” quantum communication network that would revolutionise encryption.  The story was met with skepticism. Few people knew what quantum communication was, and even fewer believed China could outpace the US, Europe, or Japan in this field.

https://www.scmp.com/news/china/article/1531161/post-snowden-china-looks-hack-proof-quantum-communications?utm_medium=email&utm_source=cm&utm_campaign=enlz-darkmatters&utm_content=20250418&tpcc=enlz-darkmatters&UUID=f9aaf50d26626de042873bfe2733d91d&tc=1&CMCampaignID=19aecbb307075145a1a1b6d5bf6e6103

This 2014 article says China was developing a “hack-proof” quantum communication network that would revolutionise encryption.  The story was met with skepticism. Few people knew what quantum communication was, and even fewer believed China could outpace the US, Europe, or Japan in this field.  https://www.scmp.com/news/china/article/1531161/post-snowden-china-looks-hack-proof-quantum-communications?utm_medium=email&utm_source=cm&utm_campaign=enlz-darkmatters&utm_content=20250418&tpcc=enlz-darkmatters&UUID=f9aaf50d26626de042873bfe2733d91d&tc=1&CMCampaignID=19aecbb307075145a1a1b6d5bf6e6103

Ten months after Edward Snowden revealed the extent of the US' global surveillance programme, China started to build the world's longest quantum communications network, transmitting signals some 2,000

Post-Snowden China looks to 'hack-proof' quantum communications

Nate

For those of us old enough to remember the panic leading up to Y2K, it’s a lesson that society can prepare for technological sea change. Yes, this is a bigger and harder task than the updates required as the year turned from 1999 to 2000, but it’s not impossible. NIST released its post-quantum encryption standards last summer and one of Biden’s final executive orders tasked government agencies to enact those algorithms ASAP. 

https://www.federalregister.gov/documents/2025/01/17/2025-01470/strengthening-and-promoting-innovation-in-the-nations-cybersecurity?utm_source=snacks&utm_medium=email&utm_campaign=snacks_20250327&utm_content=dd0c1339b2591244783c288b400b2950

For those of us old enough to remember the panic leading up to Y2K, it’s a lesson that society can prepare for technological sea change. Yes, this is a bigger and harder task than the updates required as the year turned from 1999 to 2000, but it’s not impossible. NIST released its post-quantum encryption standards last summer and one of Biden’s final executive orders tasked government agencies to enact those algorithms ASAP.   https://www.federalregister.gov/documents/2025/01/17/2025-01470/strengthening-and-promoting-innovation-in-the-nations-cybersecurity?utm_source=snacks&utm_medium=email&utm_campaign=snacks_20250327&utm_content=dd0c1339b2591244783c288b400b2950

Search, browse and learn about the Federal Register. Federal Register 2.0 is the unofficial daily publication for rules, proposed rules, and notices of Federal agencies and organizations, as well as executive orders and other presidential documents.

Strengthening and Promoting Innovation in the Nation's Cybersecurity

new #Crypto designed to be “quantum-resistant” are emerging.

https://www.amarchenkova.com/posts/quantum-secure-cryptocurrencies-qrl-mochimo-iota-cardano?utm_source=snacks&utm_medium=email&utm_campaign=snacks_20250327&utm_content=dd0c1339b2591244783c288b400b2950

new #Crypto designed to be “quantum-resistant” are emerging.  https://www.amarchenkova.com/posts/quantum-secure-cryptocurrencies-qrl-mochimo-iota-cardano?utm_source=snacks&utm_medium=email&utm_campaign=snacks_20250327&utm_content=dd0c1339b2591244783c288b400b2950

Can quantum computing destroy bitcoin? Cryptocurrencies coming out that are saying they are quantum safe, quantum resistant. Is this legit?

Are these Cryptocurrencies Quantum Secure? | QRL, Mochimo, IOTA, Cardano

Bitcoin is “exquisitely vulnerable to Q-Day” because of its public ledger, the Wired piece explains

https://www.wired.com/story/q-day-apocalypse-quantum-computers-encryption/?utm_source=snacks&utm_medium=email&utm_campaign=snacks_20250327&utm_content=dd0c1339b2591244783c288b400b2950

Bitcoin is “exquisitely vulnerable to Q-Day” because of its public ledger, the Wired piece explains  https://www.wired.com/story/q-day-apocalypse-quantum-computers-encryption/?utm_source=snacks&utm_medium=email&utm_campaign=snacks_20250327&utm_content=dd0c1339b2591244783c288b400b2950

What happens when quantum computers can finally crack encryption and break into the world’s best-kept secrets? It’s called Q-Day—the worst holiday maybe ever.

The Quantum Apocalypse Is Coming. Be Very Afraid

Todd Smith

https://sherwood.news/snacks/crypto/crypto-debates-googles-quantum-breakthrough-as-bitcoin-investors-urge-calm/?utm_source=snacks&utm_medium=email&utm_campaign=snacks_20250102&utm_content=53e29b236a3fe2b90bd0c6d784d09719

Breaking a coin to bits… The crypto industry’s head was on a swivel this week after a  announcement that some investors feared could threaten...

Bobby

A group of likeminded people in Crypto are talking about this.