The Google team has achieved another milestone in quantum computing! The new quantum chip Willow completed the computation that would take today's strongest supercomputer 10^25 years in less than 5 minutes.
Blockchain has entered the era of quantum computing, where its security is of utmost importance.
Recently, Dr. Xinxin Fan, the R&D Director of IoTeX, co-authored a paper titled "Enabling a Smooth Migration Towards Post-Quantum Security for Ethereum," which won the Best Paper Award at the 2024 International Blockchain Conference (ICBC 2024). The paper proposes a hash-based zero-knowledge technology as the most user-friendly method to make the Ethereum network and other similar cryptographic systems quantum secure. This solution will first be applied to the Ethereum and IoTeX blockchain networks. Dr. Xinxin Fan's paper won the Best Paper Award at ICBC 2024.