Quantum proof of work: can it keep blockchain quantum safe?
Quantum computing is a new technology which employs the rules of quantum physics enabling vast amounts of data to be processed and complex calculations to be carried out faster than regular computers can do so. Quantum computers can store data and execute calculations by utilizing quantum mechanical phenomena. This is especially helpful for applications, especially those that process large volumes of data where they are expected to do significantly better than even the most powerful supercomputers that currently exist. Today, developers can acess quantum hardware from IBM Quantum, which incidentally is a tool that experts were only beginning to think of 30 years ago. Engineers can develop super-conducting quantum processors that are even more powerful, together with essential improvements in software and quantum-classical orchestration. And these quantum computing machines differ significantly from the computers that have existed for over 50 years. Scientists and engineers use superco…
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