Quantum calculations: What is done to make bitcoin “quantum-threshing”?
For months, concerns about potential threats of quantum calculation with bitcoins and other cryptomes have been expressed. The idea that a powerful new technology can break current encryption methods, which means that bitcoin may be prone to hacking and theft. However, some in the crypt industry are actively working to develop solutions to alleviate this risk.
The strategy that is being examined is the use of quantum -resistant cryptographic algorithms that are resistant to computers that use a quantum calculation to take into account large numbers or perform other types of calculations that currently exceed their skills.
The blockchain bitcoin currently uses a technique called “Cryptography of the Elliptical Curve” (ECC), which is susceptible to certain types of quantum attacks. However, scientists and developers are working on the development of new cryptographic algorithms such as cryptography on a grid base that are resistant to these types of attacks.
Another approach is the use of homomorphic encryption, with which several pages can perform calculations for encrypted data without first decrypting it. This may be particularly useful in scenarios in which confidential information between parties must be shared, eg.
In addition, some developers investigate the use of quantum -resistant hashs features that are designed as resistant to computers that use a quantum calculation to perform certain types of calculations. These hashs features can be used to create safe digital signatures and transactions in the Bitcoin network.
industrial strategist weighs
The recently quoted article cites the industrial strategist with statements: “The crypto industry is working on” quantity “solutions. This concludes the development of new cryptographic algorithms such as cryptographic and homomorphic encryption, quantum computing attacks ”.
While some experts acknowledge that quantum calculations have the potential to take significant risks to bitcoins and other cryptocurrencies, many others remain optimistic about the prospects for “quantum” solutions.
“We see a lot of innovations in this area,” Dr. Maria Klawe, a chief cryptography expert and a quantum computer in Caltech. “The fact that some companies are actively working on the development of quantum -resistant cryptographic algorithms is a positive sign.”
street forward
As the threat of quantum calculation will be discussed, we will probably see more developments in this area in the coming months and years.
Although there are still no specific solutions for all bitcoin users, many experts believe that the combination of these approaches can help reduce the risks equipped with quantum calculation.
“It will take some time and effort from developers and industry as a whole,” Dr. Klawe. “But I think we are making progress on this topic.”
Diploma
The debate on whether bitcoin is “quantum -related” continues, and many experts claim that the combination of quantum resistant cryptographic algorithms, homomorphic encryption and other solutions can help alleviate the risks equipped with quantum calculation.
Although the technology industry is developing, it is clear that in our efforts to ensure these systems before potential threats.
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