Quantum Computers Could Posses Risk to Blockchain Technology!
Quantum Computers Can Pose A Risk To Blockchain Technology Although blockchain networks are designed to be secure, immutable, and tamper-proof, a new research paper from Cornell University found that blockchain networks are, however, susceptible to attack by a sufficiently large quantum computer. According to an article published by Gizmodo on November 21, 2018, there is a growing concern that as quantum computers develop, they could eventually break public key cryptography and codes that hold the blockchain network together. How Do Quantum Computers Work? According to Wired , Quantum Computers function differently to the classical computers we use today. In quantum computing, subatomic particles can exist in more than one form at a time. Due to the behavior of the particles, it’s significantly faster to undergo operations and solve problems and complicated tasks with a quantum computer than classical computers. In classical computers, a bit is a piece of information th