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The Quantum Revolution in Cryptocurrencies: BCH in the Spotlight (read.cash)

submitted 2 months ago by [email protected] to c/[email protected]

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cross-posted from: https://realbitcoin.cash/post/8564

The digital revolution hasn't just brought transformative innovations; it has also presented significant challenges to the cryptocurrency world. With Google's recent launch of the Willow quantum chip, a crucial question emerges: what is the true impact of quantum computing on the security of Bitcoin and other cryptocurrencies? This concern has mobilized experts and developers in search of solutions to ensure the continuity and security of the crypto ecosystem.

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[–] [email protected] 1 points 2 months ago

This is correct. Advanced cryptography will most likely take up more block space so BCH is positioned to handle it. As well as having advanced smart contract capability allowing for cryptographic constructions to be tested on the live chain long before QC is an imminent threat. BCH devs have put in significant forethought and planning into the design of the blockchain.