quantumcomputing
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Scientists Break Cryptographic Algorithms Using Quantum Computer
Chinese scientists claim to have broken encryption algorithms used in banking and #Cryptocurrencies using a quantum computer. According to researchers from Shanghai University, led by Wang Chao, they used a quantum computer developed by Canadian company D-Wave Systems. They employed a method called quantum annealing, which involves searching for the lowest energy state, to break certain algorithms.
Algorithms Under Attack
The research focused on the Present, Gift-64, and Rectangle algorithms, which form the basis of the Substitution-Permutation Network (SPN) structure. This structure supports encryption standards like AES, widely used to secure cryptocurrency wallets. While AES-256 is considered one of the most secure encryption standards, scientists warn that quantum computers may soon pose a serious threat.
How Quantum Computers Bypass Barriers
Wang's team described quantum annealing as a process similar to artificial intelligence, optimizing solutions on a global scale. Unlike traditional algorithms that explore every path, quantum tunneling allows particles to pass through barriers, enabling quantum computers to find the lowest point more efficiently. This way, quantum computers can bypass obstacles that conventional methods typically struggle with.
First Real Threat to Encryption
Wang's team emphasized that this is the first time a quantum computer has posed a real threat to encryption algorithms. Quantum computing has long been feared as a turning point that could jeopardize the cryptocurrency industry. Computers capable of breaking encryption could expose users' funds to theft on a large scale.
Limitations Prevent a Full Hack
Despite this progress, researchers pointed out that complete quantum hacks are not yet possible due to environmental factors and hardware limitations. They also stated that the quantum computer attack did not reveal specific access codes used in the tested algorithms, though the team achieved better results than previous attempts.
Future Development of Quantum Attacks
Researchers noted that further development of quantum computing could potentially expose new vulnerabilities in cryptographic systems in the future. Their findings were published on September 30 in the Chinese Journal of Computers.
Vitalik Buterin's Protection Against Quantum Computers
#etherreum co-founder #VitalikButerin has already suggested how blockchain could defend itself against quantum computers in the future. In March, he explained that a simple hard fork could mitigate the risks posed by quantum attacks. Users would need to download new wallet software, but Buterin emphasized that very few people would lose their funds in the process.
#quantumcomputing , #cybersecurity
Stay one step ahead â follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.â
Algorithms Under Attack
The research focused on the Present, Gift-64, and Rectangle algorithms, which form the basis of the Substitution-Permutation Network (SPN) structure. This structure supports encryption standards like AES, widely used to secure cryptocurrency wallets. While AES-256 is considered one of the most secure encryption standards, scientists warn that quantum computers may soon pose a serious threat.
How Quantum Computers Bypass Barriers
Wang's team described quantum annealing as a process similar to artificial intelligence, optimizing solutions on a global scale. Unlike traditional algorithms that explore every path, quantum tunneling allows particles to pass through barriers, enabling quantum computers to find the lowest point more efficiently. This way, quantum computers can bypass obstacles that conventional methods typically struggle with.
First Real Threat to Encryption
Wang's team emphasized that this is the first time a quantum computer has posed a real threat to encryption algorithms. Quantum computing has long been feared as a turning point that could jeopardize the cryptocurrency industry. Computers capable of breaking encryption could expose users' funds to theft on a large scale.
Limitations Prevent a Full Hack
Despite this progress, researchers pointed out that complete quantum hacks are not yet possible due to environmental factors and hardware limitations. They also stated that the quantum computer attack did not reveal specific access codes used in the tested algorithms, though the team achieved better results than previous attempts.
Future Development of Quantum Attacks
Researchers noted that further development of quantum computing could potentially expose new vulnerabilities in cryptographic systems in the future. Their findings were published on September 30 in the Chinese Journal of Computers.
Vitalik Buterin's Protection Against Quantum Computers
#etherreum co-founder #VitalikButerin has already suggested how blockchain could defend itself against quantum computers in the future. In March, he explained that a simple hard fork could mitigate the risks posed by quantum attacks. Users would need to download new wallet software, but Buterin emphasized that very few people would lose their funds in the process.
#quantumcomputing , #cybersecurity
Stay one step ahead â follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.â
Potential Impact of Quantum Computers on Crypto and Ethereum
This rephrased text focuses on the impact of quantum computers on the cryptocurrency and Ethereum ecosystem:
The Threat:
The biggest concern is the potential for quantum computers to break current encryption methods used by cryptocurrencies like Ethereum. This could lead to stolen funds and a collapse of trust in the entire ecosystem.
Ethereum's Defense Plan:
Ethereum is taking a proactive approach by considering a hard fork with new transaction types to safeguard user wallets. These new methods aim to prevent private key exposure during transactions, rendering them resistant to quantum attacks.
What it Means for Crypto:
A successful quantum computing attack could have a devastating impact on the entire cryptocurrency industry, shaking investor confidence and potentially leading to a significant drop in value.
A Ray of Hope for Ethereum:
Ethereum's proposed defense plan offers some hope. If implemented successfully, it could significantly mitigate the threat posed by quantum computers.
Timeline:
Widespread quantum computing capabilities aren't expected for at least a few years, giving developers time to implement these preventative measures.
Overall: The potential impact of quantum computers on cryptocurrencies is significant. However, Ethereum's proactive approach provides some reassurance for the future stability of the ecosystem.
$ETH $BTC #quantumcomputing #Vitalik #futurehope
#InnovationUnleashed
This rephrased text focuses on the impact of quantum computers on the cryptocurrency and Ethereum ecosystem:
The Threat:
The biggest concern is the potential for quantum computers to break current encryption methods used by cryptocurrencies like Ethereum. This could lead to stolen funds and a collapse of trust in the entire ecosystem.
Ethereum's Defense Plan:
Ethereum is taking a proactive approach by considering a hard fork with new transaction types to safeguard user wallets. These new methods aim to prevent private key exposure during transactions, rendering them resistant to quantum attacks.
What it Means for Crypto:
A successful quantum computing attack could have a devastating impact on the entire cryptocurrency industry, shaking investor confidence and potentially leading to a significant drop in value.
A Ray of Hope for Ethereum:
Ethereum's proposed defense plan offers some hope. If implemented successfully, it could significantly mitigate the threat posed by quantum computers.
Timeline:
Widespread quantum computing capabilities aren't expected for at least a few years, giving developers time to implement these preventative measures.
Overall: The potential impact of quantum computers on cryptocurrencies is significant. However, Ethereum's proactive approach provides some reassurance for the future stability of the ecosystem.
$ETH $BTC #quantumcomputing #Vitalik #futurehope
#InnovationUnleashed
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Neutrino
This tiny particle moves at the speed of light, has a weak interaction, exists in the field of String Theory and, as a result, can serve as a mirror of a known neutrino source or interfere with it. Each person has their own neutrino background. So, if someone were watching a person from the far side of the Moon, they would be able to do this in real time absolutely unnoticed by the person himself, and from Proxima Centauri or Alpha Centauri they would need a period of time of more than four years for these purposes. If you notice patterns in real time with the far side of the Moon or over a period of more than four years, be sure to report it. We cannot remain silent about this.
Everything on earth has its own unique neutrino background and, as a result, for humans it can serve as medical support; each speck of dust has its own neutrino background, which is important for positioning systems in space for drones, robots, autopilots, and humanoid androids.
As an ordinary person, I am more interested in neutrinos from the point of view of organizing communications and positioning in space as the closest area of ââapplication in human life and potentially as the fastest-growing concept of investing in neutrinos, but I do not argue that there are other more expensive aspects of using neutrinos from an investment point of view. With the use of neutrino-based communication, the usual barriers of known radio and laser types of communication are lost. Mirroring, interference and quantum technologies make this type of communication almost impossible to hack. Agree, shouting into the radio wave of your phone or WI-FI router to the entire known area is, in principle, not the best idea even if there are several encryptions, although many people probably donât even realize this.
#investment #InvestSmart #science #quantumcomputing
This tiny particle moves at the speed of light, has a weak interaction, exists in the field of String Theory and, as a result, can serve as a mirror of a known neutrino source or interfere with it. Each person has their own neutrino background. So, if someone were watching a person from the far side of the Moon, they would be able to do this in real time absolutely unnoticed by the person himself, and from Proxima Centauri or Alpha Centauri they would need a period of time of more than four years for these purposes. If you notice patterns in real time with the far side of the Moon or over a period of more than four years, be sure to report it. We cannot remain silent about this.
Everything on earth has its own unique neutrino background and, as a result, for humans it can serve as medical support; each speck of dust has its own neutrino background, which is important for positioning systems in space for drones, robots, autopilots, and humanoid androids.
As an ordinary person, I am more interested in neutrinos from the point of view of organizing communications and positioning in space as the closest area of ââapplication in human life and potentially as the fastest-growing concept of investing in neutrinos, but I do not argue that there are other more expensive aspects of using neutrinos from an investment point of view. With the use of neutrino-based communication, the usual barriers of known radio and laser types of communication are lost. Mirroring, interference and quantum technologies make this type of communication almost impossible to hack. Agree, shouting into the radio wave of your phone or WI-FI router to the entire known area is, in principle, not the best idea even if there are several encryptions, although many people probably donât even realize this.
#investment #InvestSmart #science #quantumcomputing
Will quantum computers break cryptocurrency?
If you are interested in crypto currency and want to invest in crypto then you must know that there are some risks you should be careful about.
One of them is Quantum computers....
QUANTUM COMPUTING:
In simple words Quantum computing uses specialized technologyâincluding computer hardware and algorithms that take advantage of quantum mechanicsâto solve complex problems that classical computers or supercomputers canât solve, or canât solve quickly enough.
As quantum computing technology continues to advance, the cryptographic algorithms used in cryptocurrencies may become obsolete. Quantum computers can easily factor large numbers that are considered practically impossible for classical computers, posing a significant risk to the security of cryptocurrency networks.$BTC $BNB $SOL Much of today's modern cryptography is based on mathematical algorithms used to encrypt data. With quantum computers, attacks on encryption methods that would normally take years could be theoretically done in days with quantum computers. Asymmetric and symmetric encryption types could both be at risk.If someone has access to the quantum computer he can easily gain access to your wallet all he has to do is find out your wallet adress which is publically available at crypto currency exchanges like #BINANCE etc And then he can crack your password easily in minutes.
HOW TO BE SAFE:
There is only one way to be safe and that is to keep your wallet adress safe which is simply not possible beacuse of their availability on exchanges and blockchains.NOTE:
I know most of you would think I am bluffing but know that there were hundreds of thing that we thought are impossible a decade ago, but now we can see them with our own eyes quantum computers are one of them i hope you understand what i mean.
I dont know what future has for us but i am sure this is going to be a world wide issue before 2030 BECAUSE of the popularity of #quantumcomputing You can do your own research on this topic then you will know how serious this threat is for crypto currency holders.
#BTC #HotTrends #GALA
One of them is Quantum computers....
QUANTUM COMPUTING:
In simple words Quantum computing uses specialized technologyâincluding computer hardware and algorithms that take advantage of quantum mechanicsâto solve complex problems that classical computers or supercomputers canât solve, or canât solve quickly enough.
As quantum computing technology continues to advance, the cryptographic algorithms used in cryptocurrencies may become obsolete. Quantum computers can easily factor large numbers that are considered practically impossible for classical computers, posing a significant risk to the security of cryptocurrency networks.$BTC $BNB $SOL Much of today's modern cryptography is based on mathematical algorithms used to encrypt data. With quantum computers, attacks on encryption methods that would normally take years could be theoretically done in days with quantum computers. Asymmetric and symmetric encryption types could both be at risk.If someone has access to the quantum computer he can easily gain access to your wallet all he has to do is find out your wallet adress which is publically available at crypto currency exchanges like #BINANCE etc And then he can crack your password easily in minutes.
HOW TO BE SAFE:
There is only one way to be safe and that is to keep your wallet adress safe which is simply not possible beacuse of their availability on exchanges and blockchains.NOTE:
I know most of you would think I am bluffing but know that there were hundreds of thing that we thought are impossible a decade ago, but now we can see them with our own eyes quantum computers are one of them i hope you understand what i mean.
I dont know what future has for us but i am sure this is going to be a world wide issue before 2030 BECAUSE of the popularity of #quantumcomputing You can do your own research on this topic then you will know how serious this threat is for crypto currency holders.
#BTC #HotTrends #GALA
Revolutionizing the Crypto Market: The Impact of Quantum Computers on Digital Assets
Prepare to be captivated by the seismic shifts looming on the horizon as quantum computers prepare to revolutionize the crypto market. In this exhilarating exploration, we delve into how the advent of quantum computing is set to transform the very fabric of digital assets and decentralized finance.
Quantum computers are not merely a leap forward in computational power; they represent a paradigm shift that promises to redefine the way we approach security, transactions, and blockchain technology within the crypto market. Their unparalleled processing capabilities have the potential to upend traditional cryptographic methods, posing both challenges and opportunities for digital currencies like Bitcoin.
As quantum technologies progress, the crypto market finds itself at a crossroads, faced with the urgent need to develop quantum-resistant encryption methods and quantum-proof blockchain solutions. The speed, efficiency, and security enhancements offered by quantum computing have the power to unlock new realms of possibility, driving innovation and reshaping the dynamics of digital asset trading.
Picture a future where quantum-secure platforms ensure swift and secure transactions, where decentralized finance thrives on the backbone of quantum-resistant protocols. This future is not a distant dream but a tangible reality on the horizon, propelled by the unstoppable march of quantum computing.
With excitement building in the crypto community, we stand on the brink of a transformative era in the crypto market, where quantum computers will play a pivotal role in shaping the future of digital assets. Join us on this thrilling journey as we witness the dawn of a quantum-powered revolution that promises to redefine the very essence of the crypto market. The quantum future awaits â let the adventure begin!
$BTC
#FutureOfMarketing #quantumcomputing #McCoin #write2earn #TradeandTell
Quantum computers are not merely a leap forward in computational power; they represent a paradigm shift that promises to redefine the way we approach security, transactions, and blockchain technology within the crypto market. Their unparalleled processing capabilities have the potential to upend traditional cryptographic methods, posing both challenges and opportunities for digital currencies like Bitcoin.
As quantum technologies progress, the crypto market finds itself at a crossroads, faced with the urgent need to develop quantum-resistant encryption methods and quantum-proof blockchain solutions. The speed, efficiency, and security enhancements offered by quantum computing have the power to unlock new realms of possibility, driving innovation and reshaping the dynamics of digital asset trading.
Picture a future where quantum-secure platforms ensure swift and secure transactions, where decentralized finance thrives on the backbone of quantum-resistant protocols. This future is not a distant dream but a tangible reality on the horizon, propelled by the unstoppable march of quantum computing.
With excitement building in the crypto community, we stand on the brink of a transformative era in the crypto market, where quantum computers will play a pivotal role in shaping the future of digital assets. Join us on this thrilling journey as we witness the dawn of a quantum-powered revolution that promises to redefine the very essence of the crypto market. The quantum future awaits â let the adventure begin!
$BTC
#FutureOfMarketing #quantumcomputing #McCoin #write2earn #TradeandTell
