MultiversX Tracker is Live!

NIST Announces Post-Quantum Cryptography Standards

Bitcoin Reddit

More / Bitcoin Reddit 83 Views

https://spectrum.ieee.org/post-quantum-cryptography-2668949802

TL;DR: The National Institute of Standards and Technology has announced the standardization of quantum-proof algorithm for cryptographic schemes. They are encouraging most tech to upgrade to these.

This could have implications for Bitcoin as it would allay fears of seeing the technology crumbling (as well as the value) due to the emergence of quantum computers. Bitcoin would need to implement these new quantum-resistant algorithms to replace the currently used ones.

The following article from May 2024 explores these implications: https://www.btq.com/blog/quantum-secure-cryptocurrencies-of-the-future

submitted by /u/riscten
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments