Crypto Update 6/6/22 | Tackling the Quantum Threat to Bitcoin
Markets Outlook
The Quantum Threat to Bitcoin
Quantum computing has been coming for four decades, delayed because of the highly complicated engineering challenge that sits before it can achieve at scale the kind of super computing power it promi. Scientists are collectively working on a set of open, post quantum ography standards to quantum proof our computer systems. A recent article published in nature by a group of these scientists laid out a transition strategy backed by the us. National institute for standards and technology ( nist) It directed specific actions for agencies to take as the united states begins the multier process of migrating vulnerable computer systems to quantum resisting cryptography. Research has shown that e c c will be unable to withstand quantum processing. Hidary says that means
