Quantum computers are able to solve certain problems much faster than classical computers. Recently, they have also been shown to be able to solve the Bitcoin mining problem faster than classical computers. The Bitcoin mining problem is the process of finding a new block to add to the blockchain. This problem is solved by quantum […]
Why Quantum Computers Cracking Bitcoin
Bitcoin, the first and most well-known cryptocurrency, has been around since 2009. It is a digital asset and a payment system, based on blockchain technology, that uses cryptography to secure its transactions and to control the creation of new units. Bitcoin is created through a process called mining, in which a computer solves a cryptographic […]
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